Rentech Nitrogen Partners (RNF) Misses Q4 EPS by 20c
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Rentech Nitrogen Partners (RNF) Declares Fasadena Facility Sale-Related Distribution
March 17, 2016 6:33 AM EDTRentech Nitrogen Partners, L.P. (NYSE: RNF) announced that its Board of Directors has declared a cash distribution of $0.11 per common unit to distribute the initial proceeds from the recent sale of its Pasadena, Texas facility. The distribution is payable on March 31, 2016 to holders of record as of March 28, 2016. The distribution represents initial sale proceeds of $5 million net of transaction-related fees of approximately $0.6 million.
The Partnership also set a second record date that... More
