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Natural Resource Partners L.P. -- Moody's upgrades NRP's CFR to B2; assigns Caa1 rating to new senior unsecured notes; outlook stable

Moody's Investors Service ("Moody's") upgraded Natural Resource Partners L.P.'s ("NRP" or the "Company") Corporate Family Rating ("CFR") to B2 from B3 and Probability of Default Rating to B2-PD from B3-PD. Moody's also assigned a Caa1 rating to the company's proposed $275 million senior unsecured notes and affirmed the company's SGL-2 Speculative Grade Liquidity Rating ("SGL").