Oxford Resource Partners (OXF +35.7%) says it closed on $175M of new credit facilities to...

|By:, SA News Editor

Oxford Resource Partners (OXF +35.7%) says it closed on $175M of new credit facilities to replace its previous term loan and revolving credit facility, extending its debt maturity profile and increasing availability. OXF says the refinancing "significantly enhances [its] financial flexibility and puts it in a stronger position to participate in a coal market rebound."