secwatch.observer — SEC 8-K summary
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Issuer:     ALLIANCE RESOURCE PARTNERS LP (ARLP)
CIK:        0001086600
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001558370-24-009096
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARLP issues $400M 8.625% senior notes due 2029; amends credit facility, extends maturity to 2028
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- Closed $400M 8.625% senior unsecured notes due 2029; proceeds redeem $500M 7.5% notes due 2025.
- Credit agreement amended: maturity extended to March 2028, $100M incremental facility added.
- Term loan amended: quarterly principal payments now 6.25% of $56.3M outstanding.
- New restrictions on distributions: debt-to-cash-flow ratio ≤ 1.0x, liquidity ≥ $200M.
- Guarantee capacity increased to $600M for unsecured debt of ARLP and AROP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086600/000155837024009096/0001558370-24-009096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086600/000155837024009096/arlp-20240612x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009096

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