Foresight Energy LP Announces Receipt of Requisite Consents and Extension of Consent Solicitation

ST. LOUIS--(BUSINESS WIRE)--

Foresight Energy LP (together with its direct and indirect subsidiaries, collectively, "we", "us", "the Partnership" or "Foresight Energy") previously announced that its wholly owned subsidiaries, Foresight Energy LLC and Foresight Energy Finance Corporation (collectively, the "Issuers"), commenced a consent solicitation with respect to their outstanding 7.875% senior notes due 2021 (the "Notes") to approve amendments (the "Proposed Amendments") to the indenture (the "Indenture") relating to the Notes on the terms and subject to the conditions set forth in the Issuers' consent solicitation statement, dated March 30, 2015, and the accompanying consent letter, dated March 30, 2015 (together, the "Consent Solicitation Documents").

On April 1, 2015, holders of in excess of a majority of the outstanding aggregate principal amount of the Notes had consented to the Proposed Amendments to the Indenture governing the Notes. In connection with receiving the requisite consents, the Issuers and The Bank of New York Mellon Trust Company executed a supplemental indenture (the "Supplemental Indenture"), dated April 1, 2015, with respect to the Indenture implementing the Proposed Amendments described in the Consent Solicitation Documents. The Supplemental Indenture and the Proposed Amendments became effective upon execution. The consent solicitation and the continued effectiveness of the Supplemental Indenture and the Proposed Amendments are subject to the satisfaction or waiver of certain conditions that are more fully described in the Consent Solicitation Documents. In accordance with the terms of the Consent Solicitation Documents, consents may no longer be validly revoked.

Foresight Energy today also announced that it has extended the expiration date for its consent solicitation seeking the Proposed Amendments to the Indenture. Holders wishing to deliver their consents will now have until 5:00 p.m., New York Time, on April 6, 2015. The other terms and conditions of the consent solicitation remain unchanged. As described above, the Supplemental Indenture became effective as of April 1, 2015, and in accordance with the terms of the Consent Solicitation Documents, consents may no longer be validly revoked.

Safe Harbor Provisions Regarding Forward-Looking Statements

This press release contains "forward-looking" statements within the meaning of the federal securities laws. These statements contain words such as "possible," "intend," "will," "if" and "expect" and can be impacted by numerous factors, including risks relating to the securities markets generally, the impact of adverse market conditions affecting business of the Partnership, adverse changes in laws including with respect to tax and regulatory matters and other risks. There can be no assurance that actual results will not differ from those expected by management of the Partnership. The Partnership undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Foresight Energy becomes aware of, after the date hereof.

About Foresight Energy LP

Foresight Energy is a leading coal producer in the Illinois Basin region of the United States with over three billion tons of coal reserves currently supporting four mining complexes. Our logistics give each of these mining complexes multiple modes of transportation to reach the end-users of our coal, including rail, barge and truck. We serve both the domestic and international markets.