Natural Resource Partners to repay loans via senior notes offering

By Tali David

Minneapolis, Sept. 6 - Natural Resource Partners LP plans to repay amounts outstanding under its revolving credit facility and repay a portion of the $200 million term loan entered into in connection with the OCI Wyoming acquisition with the proceeds of a senior note offering, according to a press release.

Natural Resource is a Houston-based company that owns, manages and leases mineral properties in the United States and owns coal reserves in three major coal-producing regions: Appalachia, the Illinois Basin and the Western United States.

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