Welcome to our dedicated page for Alliance Rsc news (Ticker: ARLP), a resource for investors and traders seeking the latest updates and insights on Alliance Rsc stock.
Alliance Resource Partners LP (ARLP) provides essential energy resources through its diversified coal mining operations and mineral interest management across strategic U.S. regions. This page serves as the definitive source for official company announcements and market-moving developments.
Access timely updates across ARLP's core segments including Illinois Basin mining operations, Appalachia coal production, and oil & gas royalty management. Investors will find press releases covering quarterly results, operational expansions, leadership changes, and strategic partnerships.
Our curated collection ensures stakeholders can efficiently track material events influencing ARLP's position in the energy sector. Content spans production updates, environmental initiatives, and royalty portfolio developments – all critical for informed decision-making.
Bookmark this page for direct access to ARLP's verified announcements, eliminating the need to aggregate information from multiple sources. Check regularly for updates reflecting the company's evolving role in America's energy landscape.
Alliance Resource Partners (NASDAQ: ARLP) announced the pricing of a $400 million private offering of 8.625% senior unsecured notes due 2029.
The notes are set to be issued at par and the offering is expected to close by June 12, 2024, pending customary conditions.
Proceeds will be used to redeem outstanding 7.5% senior notes due 2025 and for general corporate purposes.
A conditional notice of redemption for the 2025 notes has already been delivered, with a redemption date expected around June 28, 2024.
The new notes will not be registered under the Securities Act and will be offered only to qualified institutional buyers and persons outside the U.S.
Alliance Resource Partners (NASDAQ: ARLP) announced that its intermediate partnership, Alliance Resource Operating Partners (AROP), along with Alliance Resource Finance , plans to offer $400 million in senior unsecured notes due 2029 in a private placement, subject to market conditions. AROP intends to use part of the proceeds to redeem its 7.5% Senior Notes due 2025 and the rest for general corporate purposes. A conditional notice of redemption has been delivered for the 2025 Notes, with the redemption date set for June 28, 2024. The new notes will be offered only to qualified institutional buyers and persons outside the U.S., and won't be registered or listed on any securities exchange.
Alliance Resource Partners, L.P. (ARLP) received an update from Stonegate Capital Partners, with key takeaways including a 2.4% y/y increase in volumes, $284.6M of debt payments expected in FY24, and promising alternative revenue streams.
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