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Alliance Resource to redeem $50 million 7½% notes due 2025
By Wendy Van Sickle
Columbus, Ohio, June 16 – Alliance Resource Partners, LP will redeem $50 million principal amount of 7½% senior notes due 2025 at par plus interest to the redemption date of July 25, according to a news release.
The portion of notes being redeemed represents 12.5% of the original $400 million principal amount and 14.7% of the $339.2 million principal amount outstanding.
Alliance Resource Partners is a Tulsa, Okla.-based coal company.
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