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.

© 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.