trending Market Intelligence /marketintelligence/en/news-insights/trending/ecfp8j4w0gvfuw1zi7na6q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Rhino to enter into equity exchange agreement with Royal, Yorktown

IoT and AI Aid Critical Event Management to Battle COVID-19, but Deployment could Raise Privacy Concerns

Video

The Global Impact of COVID-19

Australia And New Zealand Telcos Launch Special Packs Amidst COVID-19 Outbreak

COVID-19: The 451 Research Take


Rhino to enter into equity exchange agreement with Royal, Yorktown

Rhino ResourcePartners LP is entering into an equity exchange agreement withRoyal Energy ResourcesInc. and YorktownPartners LLC, according to a company release.

Yorktown Partners will contribute its common stock shares ofArmstrong Energy Inc.to Rhino Resource Partners Holdings LLC, which will in turn contribute theshares to Rhino Resource Partners. In return, the latter entity will offer 10million new Rhino Resource Partners common units. The agreement also statesthat Rhino GP will offer a 50% ownership of itself, which is currently owned byRoyal, to Rhino Holdings.

The deal is subject to Armstrong's current bondholdersagreeing to restructure their bonds and Rhino Resource Partners refinancing itscurrent revolving credit agreement.

The companies expect to close the agreement by Dec. 31.