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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): SEPTEMBER 19, 2003
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NATURAL RESOURCE PARTNERS L.P.
(Exact name of registrant as specified in its charter)
DELAWARE 001-31465 35-2164875
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation or organization) Number) Identification No.)
601 JEFFERSON, SUITE 3600
HOUSTON, TEXAS 77002
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (713) 751-7507
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ITEM 5. OTHER EVENTS.
On September 19, 2003, NRP (Operating) LLC, of which Natural Resource Partners
L.P. (NYSE: NRP) is the sole member, issued an additional $50 million of senior
unsecured notes in a private placement. These senior notes are in addition to
the $125 million of senior notes that NRP Operating issued to the same investors
on June 19, 2003. Proceeds from the senior notes will be used to repay
borrowings under NRP Operating's existing credit facility.
The $50 million in senior notes issued include:
o $10 million of 5.55% senior notes due 2023, with a 10-year average
life
o $30 million of 4.91% senior notes due 2018, with a 7.5 year average
life
o $10 million of 5.55% senior notes due 2013.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit No. Description
99.1 Press release dated September 22, 2003
ITEM 9. REGULATION FD.
In accordance with General Instruction B.2 of Form 8-K, the
following information will not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, nor will it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended.
Natural Resource Partners L.P. will participate in a panel discussion
at the Coal Marketing Days Conference sponsored by Platts Coal Outlook in
Pittsburg on Tuesday, September 23, 2003, at 11:15 am EDT. Nick Carter, NRP's
President and Chief Operating Officer, will participate in the panel discussion
regarding the financing of the coal industry. Copies of NRP's slideshow are
available on the partnership's website, www.nrplp.com. NRP does not undertake to
update the information as posted on its website.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
NATURAL RESOURCE PARTNERS L.P.
(Registrant)
By: NRP (GP) LP
its General Partner
By: GP Natural Resource Partners LLC
its General Partner
/s/ Wyatt L. Hogan
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Wyatt L. Hogan
Vice President and General Counsel
Dated: September 22, 2003
EXHIBIT INDEX
Exhibit No. Description
99.1 Press release dated September 22, 2003