Peabody Energy Corp. - Ordinary Shares New

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Debt Financing / Related

Peabody Reaches Support Agreement With Certain Creditors On Financial Covenant Relief, Debt Maturity Extension And Notes Exchange Offer

Published: 12/25/2020 04:53 GMT
Peabody Energy Corp. - Ordinary Shares New (BTU) - Peabody Reaches Support Agreement With Certain Creditors on Financial Covenant Relief, Debt Maturity Extension and Notes Exchange Offer.
Peabody Energy - Creditors Agreed to Support Implementation of Offer to Exchange 2022 Senior Secured Notes for New 2024 Notes.
Peabody Energy -revolving Credit Lenders Agreed to Convert Existing Revolving Credit Facility Into New Term Loans.
Peabody Energy -following Closing , Co's Pro Forma Capital Structure Would Include $1.52 Billion of Funded Debt, $324 Million Letter of Credit Facility.