---
schema_version: "secwatch.filing_event.v1"
accession: "0001171486-22-000037"
form_type: "8-K"
ticker: "NRP"
cik: "0001171486"
company_name: "NATURAL RESOURCE PARTNERS LP"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T00:39:49.849873+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NRP extends credit facility to Aug 2027, increases commitments, switches to SOFR

## Summary
- Maturity extended from April 2023 to August 2027; may be earlier if parent notes remain outstanding.
- Commitments increased from $100M to $102.5M, expandable to $132.5M.
- Reference rate transitioned from LIBOR to SOFR; Zions/Amegy replaces Citibank as agent.
- Leverage covenant ≤3.0x; interest coverage ≥3.5x.
- Waiver of breakage fees for prepayment of existing Eurodollar loans.

## SEC filing metadata
- accession: 0001171486-22-000037
- form_type: 8-K
- ticker: NRP
- cik: 0001171486
- company_name: NATURAL RESOURCE PARTNERS LP
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171486/000117148622000037/0001171486-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171486/000117148622000037/nrp-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171486-22-000037
- JSON: https://secwatch.observer/filing/0001171486-22-000037.json
- Plain text: https://secwatch.observer/filing/0001171486-22-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.