Item 8.01 Other Events

As disclosed in the Form 10-K filed by Rhino Resource Partners LP (the "Partnership") on March 27, 2020, beginning in the later part of the third quarter of 2019, the Partnership has experienced significantly weaker market demand and have seen prices move lower for the qualities of met and steam coal that it produces. This downward price trend has been exacerbated by the recent coronavirus pandemic. In response to this reduced demand and to the significant health threats to its employees, on March 20, 2020, the Partnership idled production at several of its mines. The significant decreases in demand and coal prices and the Partnership's inability to borrow further under its Financing Agreement, dated December 27, 2017 (as amended, the "Financing Agreement"), have placed severe constraints on its liquidity.

The Partnership is currently undergoing a restructuring evaluation process to address its liquidity issues. It is actively engaged in discussions with the lenders under its Financing Agreement regarding restructuring options, including potential asset sales or other potential solutions to its liquidity needs. On March 23, 2020, the Partnership engaged legal and financial advisors to assist it in evaluating its strategic options.

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