Kimbell Royalty to redeem 50% of Series A Preferred Units for ~$182.3M on May 7, 2025

Kimbell Royalty Partners, LP

Notice of redemption for 162,500 Preferred Units (50% of outstanding) delivered April 9, 2025.
Redemption date: May 7, 2025; price per unit: $1,121.91781; aggregate ~$182.3M.
Redemption funded by borrowings under Kimbell's revolving credit facility.
After redemption, 162,500 Preferred Units remain outstanding (50% of original 2023 issuance).

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