Alliance Resource Partners, L.P. Announces Partial Redemption of 7.500% Senior Notes Due 2025
16 Juin 2023 - 10:43PM
Business Wire
Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced
that it will redeem $50.0 million in aggregate principal amount of
its 7.500% Senior Notes due 2025 (the "Notes"), representing 12.5%
of the $400.0 million in aggregate principal amount of Notes
originally issued and approximately 14.7% of the $339.2 million in
aggregate principal amount of Notes currently outstanding, on July
25, 2023, the redemption date for the Notes.
The redemption price for the Notes called for redemption will be
equal to 100.00% of the principal amount, plus accrued and unpaid
interest, if any, to the redemption date in accordance with the
terms of the Notes and the indenture under which the Notes were
issued. The Notes to be redeemed will be selected in accordance
with the procedures of The Depository Trust Company. Interest on
the portion of the Notes selected for redemption will cease to
accrue on and after the redemption date.
Additional information concerning the terms and conditions of
the redemption is contained in the notice distributed to holders of
the Notes. Beneficial holders with any questions about the
redemption should contact their respective brokerage firm or
financial institution.
About Alliance Resource Partners, L.P.
ARLP is a diversified energy company that is currently the
largest coal producer in the eastern United States, supplying
reliable, affordable energy domestically and internationally to
major utilities, metallurgical and industrial users. ARLP also
generates operating and royalty income from mineral interests it
owns in strategic coal and oil & gas producing regions in the
United States. In addition, ARLP is evolving and positioning itself
as a reliable energy partner for the future by pursuing
opportunities that support the advancement of energy and related
infrastructure.
News, unit prices and additional information about ARLP,
including filings with the Securities and Exchange Commission
("SEC"), are available at www.arlp.com. For more information,
contact the investor relations department of ARLP at (918) 295-7673
or via e-mail at investorrelations@arlp.com.
Cautionary Note Concerning Forward-Looking Statements
Certain statements contained in this news release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent ARLP’s expectations or beliefs concerning
future events, and it is possible that the results described in
this news release will not be achieved. These forward-looking
statements are subject to risks, uncertainties and other factors,
many of which are outside of ARLP's control, which could cause
actual results to differ materially from the results discussed in
the forward-looking statements. Any forward-looking statement
speaks only as of the date on which it is made, and, except as
required by law, ARLP does not undertake any obligation to update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. New factors emerge from
time to time, and it is not possible for ARLP to predict all such
factors. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary
statements found in ARLP’s filings with the SEC, including, but not
limited to, ARLP’s Annual Report on Form 10-K for the year ended
December 31, 2022 and any subsequent Quarterly Reports on Form 10-Q
and Current Reports on Form 8-K. The risk factors and other factors
noted in ARLP’s SEC filings could cause actual results to differ
materially from those contained in any forward-looking
statement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230616094280/en/
Cary P. Marshall Senior Vice President and Chief Financial
Officer (918) 295-7673 investorrelations@arlp.com
Alliance Resource Partners (NASDAQ:ARLP)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Alliance Resource Partners (NASDAQ:ARLP)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024