Alliance Resource Partners closed the $206.2 million acquisition of additional interests in AllDale III & IV and put in place a $150 million secured Term Loan to support the transaction and general liquidity. The facility, led by Truist as administrative agent, matures on Jan 1, 2028 with $18.75 million quarterly amortization beginning in Q3 2026 and interest based on SOFR or Base Rate plus a margin. Concurrent Contribution and Exchange Agreements with Craft Related Parties restructured AllDale ownership: ARLP now holds 100% of the non-economic GP interests, 46.92% of AllDale III LP interests, and 78.57% of AllDale IV LP interests, consolidating control across roughly 115,680 net royalty acres.
Agreement 1: Alliance Resource Partners Secures $150 Million Term Loan Led by Truist to Fund AllDale Deal
- Agreement type: Secured term loan facility
- Counterparty: Truist Bank, as Administrative Agent, and lenders
- Signed / Effective: Jul 01 2026 / same
- Duration / Termination: Through Jan 01 2028
- Reason: Finance AllDale III & IV acquisition and enhance liquidity
Agreement 2: Alliance Resource Partners Restructures AllDale III & IV Ownership, Takes Full GP Control
- Agreement type: Contribution and exchange agreements for AllDale III & IV
- Counterparty: Craft Related Parties
- Signed / Effective: Jul 01 2026 / same
- Reason: Simplify ownership and consolidate control of mineral interests
Original SEC Filing:
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