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BRIEF-CNX Coal Resources acquires additional interest in Pennsylvania mining complex for $88.8 mln
October 3, 2016 / 11:42 AM / 10 months ago

BRIEF-CNX Coal Resources acquires additional interest in Pennsylvania mining complex for $88.8 mln

1 Min Read

Oct 3 (Reuters) - CNX Coal Resources Lp :

* CNX Coal Resources acquires additional interest in Pennsylvania mining complex

* Acquisition increased partnership's undivided interest in PAMC to 25%

* CNXC funded transaction with combination of available borrowings under credit facility , issuance of convertible preferred units

* Deal for $88.8 million

* Terms of acquisition and financing were approved by conflicts committee of board of directors of CNX Coal Resources Gp LLC Source text for Eikon: Further company coverage:

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