Other DebtActive
Craft Foundation Installment Purchase
ARLP-Craft32
$24.85▼ 1.86%
BTC Holdings
618.26 BTC
Total Debt
$507.45M
Leverage
1053.8%
mNAV
70.40x
Outstanding
$5.90M
Issue date
2026-01-29
Principal
$5.90M
Coupon
5.00%
Maturity
2032-01-01
Conversion price
—
- Related-party purchase of coal reserves from The Joseph W. Craft III Foundation
- Six annual payments of $1.2M each
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Payment frequency
- Annual
- Payment dates
- Jan 1
- Rate type
- Fixed
- Prepayment
- Prepayable at any time without penalty
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-31 | — | $5.90M |
| 2026-01-29 | Issuance | $5.90M Subsequent event - coal reserves purchase from related party |
- 2026-03-31 — $5,902,000Note 10 — Long-Term Debt
- 2026-01-29 — $5,900,000Note 12