ST. LOUIS, Nov. 27, 2017 /PRNewswire/ -- Peabody has announced that Patrick Forkin is being promoted to Senior Vice President – Corporate Development reporting to Executive Vice President – Corporate Services and Chief Commercial Officer Charles Meintjes. Forkin is responsible for leading business development strategies covering the [...]
ST. LOUIS, Nov. 27, 2017 /PRNewswire/ -- Peabody announced today that it has completed the sale of the majority of its inactive Burton Mine and related infrastructure to the Lenton Joint Venture for approximately US$11 million, subject to certain customary post-closing adjustments. In addition to receipt of cash proceeds from the sale, the [...]
ST. LOUIS, Nov. 20, 2017 /PRNewswire/ -- Peabody announced today that it successfully completed an amendment of its Senior Secured Credit Agreement and closed on commitments for a $270 million revolving credit facility, which is expected to lead to the release of a comparable amount of restricted cash over time. "We are pleased to report yet [...]
ST. LOUIS, Nov. 13, 2017 /PRNewswire/ -- As the U.N. Conference of the Parties begins in Bonn, Germany, Peabody at a panel sponsored by the U.S. Government said it intends to continue to promote today's high-efficiency, low-emissions coal-fueled generation technologies and carbon capture, use and storage over time as essential to meeting the [...]
Peabody's diversified platform delivers strongest mining performance since 2012; Company delivers on 2017 deleveraging targets ahead of schedule and executes on share repurchases; Voluntary debt repayment and term loan amendment reduce annual fixed charges and provide flexibility for additional shareholder returns. ST. LOUIS, Oct. 25, 2017 [...]
ST. LOUIS, Oct. 17, 2017 /PRNewswire/ -- Peabody today said its Wambo Underground Mines Rescue Team has taken first place at the 55th Australian National Mines Rescue Competition, the second time it has earned the national title. Last year the team also earned first place in the First Aid Competition at the International Mines Rescue Competition in [...]
ST. LOUIS, Oct. 4, 2017 /PRNewswire/ -- On Wednesday, Oct. 25, 2017, Peabody (NYSE: BTU) will announce results for the quarter ended September 30, 2017. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, Oct. 25. Participants may access the call using the following phone numbers: U.S. & Canada (877 [...]
ST. LOUIS, Sept. 18, 2017 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that it successfully completed an amendment of its Senior Secured Term Loan to lower the interest rate and modify terms to provide additional financial and operational flexibility, including for share repurchases and dividends. "Today's announcement reflects yet another [...]
ST. LOUIS, Sept. 6, 2017 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that it issued a notice to repay an additional $150 million of its Senior Secured Term Loan, bringing a total of $300 million of debt voluntarily repaid in the third quarter of 2017. Peabody also is seeking amendments to accommodate a repricing of the company's Senior [...]
ST. LOUIS, Sept. 5, 2017 /PRNewswire/ -- Peabody announced today that it has entered into an agreement to sell the majority of its Burton mine and related infrastructure to the Lenton Joint Venture for approximately US$11 million. The Lenton Joint Venture will assume the reclamation obligations associated with the assets being acquired by the [...]
ST. LOUIS, Aug. 18, 2017 /PRNewswire/ -- Peabody Energy Corp. ("Peabody") (NYSE: BTU) announced today that the underwritten secondary offering of 12,800,000 shares of Peabody's common stock by certain of its existing stockholders affiliated with Discovery Capital Management, LLC (the "selling stockholders") has been priced. Peabody has agreed to [...]
ST. LOUIS, Aug. 17, 2017 /PRNewswire/ -- Peabody Energy Corp. ("Peabody") (NYSE: BTU) announced today that certain of its existing stockholders affiliated with Discovery Capital Management, LLC (the "selling stockholders") intend to offer 12,800,000 shares of Peabody's common stock in an underwritten secondary offering, of which Peabody intends to [...]
