Natural Resource Partners LP - 2011-08-11
Description
The company reported that its wholly owned operating subsidiary NRP (Operating) LLC has completed an amendment and restatement of its $300 million revolving credit facility. As amended and restated, the revolving credit facility will mature in August 2016. The amendment also includes an option to increase the borrowing capacity under the credit facility up to a maximum of $500 million under the same terms.
Citigroup Global Markets Inc. and Wells Fargo Securities LLC served as joint lead arrangers and joint bookrunners for the amended facility.