ST. LOUIS, Jan. 23, 2017 /PRNewswire/ -- Peabody Energy today congratulated Director Heather Wilson on her nomination as Secretary of the Air Force. Dr. Wilson is the President of the South Dakota School of Mines and Technology and is on the board of directors of Peabody Energy. She also is one of the first female graduates of the U.S. Air Force [...]
ST. LOUIS, Jan. 19, 2017 /PRNewswire/ -- Peabody Energy today announced that the company has reached agreement by which the Unsecured Creditors' Committee (UCC) will support the company's proposed plan of reorganization. Today's agreement builds on momentum regarding the company's proposed plan, which has received substantial support in recent [...]
ST. LOUIS, Jan. 15, 2017 /PRNewswire/ -- Attempts by parties to appoint an equity committee have generated media reports based on inaccuracies and speculation raised by those parties. This statement is intended to address questions regarding steps leading up to Chapter 11, the request for an equity committee and the plan around employee emergence [...]
ST. LOUIS, Jan. 7, 2017 /PRNewswire/ -- Peabody Energy today provided an update regarding additional support from stakeholders to its plan of reorganization. As of 3:00 p.m., New York City time, on Jan. 6, 2017, additional eligible holders of approximately 11.8 percent of the outstanding principal amount of the company's senior secured second lien [...]
ST. LOUIS, Dec. 30, 2016 /PRNewswire/ -- Peabody Energy today announced that as of 5:00 p.m., New York City time, on Dec. 30, 2016, additional eligible holders of approximately 16.6 percent of the outstanding principal amount of the company's senior secured second lien notes and approximately 3.8 percent of the outstanding principal amount of the [...]
ST. LOUIS, Dec. 29, 2016 /PRNewswire/ -- Peabody Energy today announced that it has materially increased the consensus among creditor classes in recent days in support of the company's plan of reorganization. Following discussions with certain other creditors, the company also has reached agreement with the creditor co-proponents of the plan to [...]
ST. LOUIS, Dec. 22, 2016 /PRNewswire/ -- Peabody Energy today announced that it has filed its plan of reorganization and disclosure statement with the U.S. Bankruptcy Court for the Eastern District of Missouri, representing another key milestone in the company's Chapter 11 process. "Today's proposed plan is an important achievement in our path [...]
ST. LOUIS, Dec. 15, 2016 /PRNewswire/ -- Peabody Energy today renewed its commitment to downtown St. Louis by extending the lease agreement for its global headquarters at Peabody Plaza two additional years through 2023. Peabody has been a major downtown landmark since 1955, and is a Fortune 500 company and one of the largest companies in downtown [...]
ST. LOUIS, Dec. 13, 2016 /PRNewswire/ -- Peabody Energy today recognized U.S. coal-fueled power plants for top environmental performance with the 2016 Peabody Energy Clean Coal Awards. Honors were determined based on data available from the Environmental Protection Agency for the lowest sulfur dioxide (SO2) and nitrogen oxides (NOx) emissions [...]
ST. LOUIS, Dec. 12, 2016 /PRNewswire/ -- Peabody Energy today said the Indiana Society of Mining Reclamation has honored the company with a 2016 Excellence in Mining and Reclamation Award for an ecological approach to restoration at the former Viking Mine – Knox Pit south of Bicknell in Knox County. The honors recognize efforts to restore [...]
ST. LOUIS, Nov. 10, 2016 /PRNewswire/ -- Peabody Energy today announced that A. Verona Dorch has been named among the Most Influential Women in Corporate America by Savoy magazine. Verona is a veteran global leader in the legal, compliance and government relations functions and joined Peabody as Executive Vice President, Chief Legal Officer [...]
ST. LOUIS, Nov. 2, 2016 /PRNewswire/ -- Peabody Energy announced today that one of its Australian subsidiaries has entered into a definitive agreement to sell Metropolitan Mine in New South Wales, Australia, and its associated 16.67 percent interest in the Port Kembla Coal Terminal to a subsidiary of South32 Ltd. for US$200 million in cash, subject [...]