var dteNow = new Date(); Mr. Foley is based in New York and is responsible for overseeing Blackstone’s private equity investment activities in the energy and natural resource sector on a global basis. Cision Distribution 888-776-0942

Following closing of the transactions announced today, NRP will have total debt of $944 million, including $346 million of the 2022 Notes, with expected maturities set forth at the end of this press release.
You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. Natural Resource Partners L.P. Assumes no early conversion or redemption of the preferred units pursuant to the terms thereof. Pro Forma Debt Maturities.

Quintana Minerals and its affiliates control a broad investment portfolio in the energy business that includes oil and gas operations, oil and gas service companies, coal fee mineral ownership and coal mining businesses, and coal service companies, among many others. Our performance in light of industry headwinds has provided our investors and lenders the confidence to commit their capital to NRP. From 1993 until 2012, Mr. Navarre held several executive positions with Peabody Energy Corporation, including President-Americas from March 2012 to June 2012, President and Chief Commercial Officer from January 2008 to March 2012, Executive Vice President of Corporate Development and Chief Financial Officer from July 2006 to January 2008 and Chief Financial Officer from October 1999 to June 2008. Further information is available at www.blackstone.com. Blackstone will receive the right to appoint one member and one observer to the Board of Directors of GP Natural Resource Partners LLC in connection with their preferred investment in NRP. "This investment reflects our confidence in NRP's strong management team and its strategy to move the company forward," said Jasvinder Khaira, Senior Managing Director at Blackstone Tactical Opportunities. NRP has also agreed to redeem any and all remaining outstanding 2018 Notes within 60 days after October 1, 2017. Mr. Morian also serves on the Board of Managers of Premium Resources, LLC since 2006.

Mr. Smith brings extensive public company financial experience in the power and energy industries to the Board of Directors. All statements, other than statements of historical facts, that address financial results, activities, events or developments that NRP expects, believes or anticipates will or may occur in the future are forward-looking statements. NRP intends to redeem all remaining outstanding 2018 Notes in October 2017. Assumes no additional borrowings under the Opco revolving credit facility following closing of the recapitalization transactions.
In addition, Blackstone and GoldenTree will have consent rights with respect to certain partnership actions. The transactions are expected to close in early March.

Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns interests in coal, aggregates, and industrial minerals across the United States. Blackstone will receive the right to appoint one member and one observer to the Board of Directors of GP Natural Resource Partners LLC in connection with their preferred investment in NRP. These statements are based on certain assumptions made by NRP based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. He has served as the Chief Executive Officer and Chairman of the Board of the general partners of Western Pocahontas Properties Limited Partnership since 1986, Great Northern Properties Limited Partnership since 1992, Quintana Minerals Corporation since 1978, and as Chairman of the Board of Directors of New Gauley Coal Corporation since 1986. Suite 3400 The transactions are expected to close in early March. Investor Relations. Search our jobs or partner with us to meet your workforce needs. From October 2013 to August 2017, Mr. Claro served as the Group Chief Executive Officer and Managing Director of Sims Metal Management where he was also a member of the Safety, Health, Environment and Sustainability Committee, the Nomination Governance Committee and the Finance Investment Committee. Prior to joining NiSource, he held several positions with American Electric Power Company, Inc, including Senior Vice President – Shared Services from January 2008 to June 2008, Senior Vice President and Treasurer from January 2004 to December 2007, and Senior Vice President – Finance from April 2003 to December 2003. Paul B. Murphy, Jr. joined the Board of Directors of GP Natural Resource Partners LLC in March 2018.

At Natural Resource Partners, LP., we promise to treat your data with respect and will not share your information with any third party. He is a member of the Hall of Fame of the College of Business and a member of the Board of Advisors of the College of Business and Administration of Southern Illinois University Carbondale. In addition, NRP owns an equity investment in Ciner Wyoming, a trona/soda ash operation.

The following table summarizes NRP's long-term debt and convertible preferred unit obligations as of December 31, 2016 and as of December 31, 2016 pro forma for the recapitalization transactions announced today (in millions): As of December 31, 2016 Pro Forma for Recapitalization Transactions. We have established procedures for contacting the non-management members of the NRP Board of Directors. From November 2000 to January 2003, Mr. Smith served as President and Chief Operating Officer – Corporate Services for NiSource Inc. This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission. Mr. Morian worked for Dixie Chemical Company from 1971 to 2006 and served as its Chairman and Chief Executive Officer from 1981 to 2006. Prior to Brookfield, Mr. Greene was a Managing Director and co-head of Carlyle Strategic Partners, a private equity fund, and a Managing Director and investment banker at Wasserstein Perella & Co. and Whitman Heffernan Rhein & Co. Mr. Greene is a volunteer firefighter and president of the Armonk Independent Fire Company and serves on the Budget and Finance Advisory Committee for the Town of North Castle, New York. This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission.