E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/24/2012 in the Prospect News Investment Grade Daily.

Natural Resource Partners files automatic shelf for debt securities

By Toni Weeks

San Diego, April 24 - Natural Resource Partners LP and its wholly owned operating company, NRP (Operating) LLC, registered to sell an unspecified amount of securities in an S-3ASR automatic shelf filing with the Securities and Exchange Commission.

Covered by the shelf are common units, debt securities and guarantees of debt securities.

Proceeds will be used for general partnership purposes, which may include debt repayment, acquisitions of other businesses, capital expenditures and working capital.

The Houston-based issuer 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.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.