Item 8.01. Other Events
On June 2, 2023, Natural Resource Partners L.P. (the "Partnership") executed a
negotiated transaction with holders of the Partnership's Class A Preferred Units
pursuant to which it repurchased and retired an aggregate of 45,000 Class A
Preferred Units (the "Subject Units") for $45,000,000 in cash, plus any accrued
and unpaid distributions in respect of such units. The Partnership funded the
repurchase payment with cash on hand and borrowings from the Partnership's
revolving credit facility. Following the repurchase, the Subject Units were
retired and are no longer outstanding and all rights of the holders thereof have
ceased with respect to the Subject Units. Of the originally issued 250,000 Class
A Preferred Units, after giving effect to this redemption and all prior
redemptions, 121,667 Class A Preferred Units remain outstanding.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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