Natural resource partners l.p retires $98 million of 9.125% senior notes due 2025

Houston--(business wire)--natural resource partners l.p. (nyse: nrp) today announced it has retired $98 million of its 9.125% senior notes due 2025 in the second quarter of 2022. these notes were purchased on the open market at a weighted average price of 102.23%, a discount to the current redemption price of 104.563%. the retirement of this debt will save approximately $9 million annually in interest savings. after giving effect to the transactions, $202 million of nrp's 9.125% senior notes du
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