NRP amends and extends $300M revolving credit facility

Natural Resource Partners LP (NYSE: NRP) has closed on the $300 million amended and restated NRP (Operating) LLC revolving credit facility, which extends the maturity of that facility to October 2017 from August 2016. 

The amendment and extension of the credit facility is one of the key components of NRP's long-term plan announced in April. NRP says it  remains committed to this plan to strengthen its balance sheet, reduce its debt, and enhance its liquidity. 



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...