U.S. Markets closed

Natural Resource Partners Extends Maturity of Revolving Credit Facility

HOUSTON--(BUSINESS WIRE)--

Natural Resource Partners L.P. (NRP) announced today it successfully completed an amendment of NRP Operating’s revolving credit facility. The amendment will extend the maturity date of the credit facility until April 2023 with lender commitments remaining at $100 million.

“Extending the Credit Facility three years further delivers on our commitment to successfully manage the timing of our debt maturities and ensure we have adequate working capital in the future,” said NRP’s President and Chief Operating Officer, Craig Nunez.

Company Profile

Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States, including interests in coal, industrial minerals and other natural resources, and owns an equity investment in Ciner Wyoming, a trona/soda ash operation.

For additional information please contact Tiffany Sammis at 713-751-7515 or tsammis@nrplp.com. Further information about NRP is available on the partnership’s website at http://www.nrplp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190409005997/en/