Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - NATURAL RESOURCE PARTNERS LP | h84898e8vk.htm |
| EX-4.1 - EX-4.1 - NATURAL RESOURCE PARTNERS LP | h84898exv4w1.htm |
Exhibit 99.1
Natural Resource Partners L.P. 601 Jefferson St., Suite 3600, Houston, TX 77002 |
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|
NEWS RELEASE |
Natural Resource Partners L.P.
Completes Private Placement of Senior Notes
Completes Private Placement of Senior Notes
HOUSTON, October 3, 2011 — Natural Resource Partners L.P. (NYSE:NRP) today announced that its
wholly owned operating subsidiary NRP (Operating) LLC has completed the previously announced
private placement of $50 million of senior unsecured notes (Series K). Proceeds from the senior
notes will be used to fund future acquisitions, including the remaining balance of the Hillsboro
acquisition.
The
Series K notes have semi-annual interest payments beginning December 1, 2011 and equal annual
principal payments starting December 1, 2014. This completes the private placement of senior notes
announced in April 2011.
Company Profile
Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX, with
its operations headquarters in Huntington, WV. NRP is principally engaged in the business of
owning and managing mineral reserve properties. NRP primarily owns coal, aggregate and oil and gas
reserves across the United States that generate royalty income for the partnership.
For additional information, please contact Kathy H. Roberts at 713-751-7555 or kroberts@nrplp.com.
Further information about NRP is available on the partnership’s website at www.nrplp.com.
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