Shearman & Sterling advised JPMorgan Chase Bank, N.A. as Administrative Agent on an amendment to Alliance Resource Operating Partners, L.P.’s existing credit facility to, among other things, extend the maturity date and refinance the existing $480 million revolving credit facility.
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through three segments: Illinois Basin, Appalachia, and Minerals. It produces a range of thermal and metallurgical coal with sulfur and heat contents.
The Shearman & Sterling team below also included staff attorney Cristiana Modesti and legal assistant Dylan Voss.