ST. LOUIS, March 7, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) today announced that it has successfully refinanced its senior secured term loan and, in response to strong demand and very attractive rates, has upsized the term loan to $300 million from the previously announced level of $250 million. The interest rate for the new term loan [...]
Strengthens access to seaborne metallurgical markets ST. LOUIS, March 7, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) today announced that it has expanded its equity share in Dominion Terminal Associates (DTA), a coal export terminal in Newport News, Virginia. The transaction will increase Arch's percentage interest in the storage-to-vessel [...]
ST. LOUIS, Feb. 15, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) announced today that it is seeking to refinance its first lien term loan facility with the proceeds from a seven-year $250 million first lien term loan B facility and cash on hand. The objectives of the refinancing are to reduce the company's interest expense, increase its [...]
Delivers strong cost performance in each operating segment Simplified capital structure with solid cash position Initiates 2017 full-year guidance ST. LOUIS, Feb. 8, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) today reported fourth quarter 2016 net income of $33.4 million or $1.31 per diluted share. Revenues for the period totaled $575.7 [...]
Arch Coal will discuss its fourth quarter 2016 financial results in an investor conference call that will be webcast live on Wednesday, Feb. 8 at 11:00 a.m. Eastern time. Participating on the call will be Arch's Chief Executive Officer John W. Eaves, President and Chief Operating Officer Paul A. Lang and Senior Vice President and Chief Financial [...]
Covers final quarter of financial restructuring ST. LOUIS, Nov. 9, 2016 /PRNewswire/ -- Arch Coal Inc. (NYSE:ARCH) today announced that it has filed its third quarter 10-Q with the Securities and Exchange Commission (SEC). The filing covers a time period in which Arch was under Chapter 11 protection, and the results reflect the company's [...]
Equity to trade on NYSE under the symbol ARCH ST. LOUIS, Oct. 5, 2016 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) today announced that it has successfully completed its financial restructuring and emerged from court protection, with new equity that will trade on the New York Stock Exchange under the ticker symbol ARCH. "Today marks the beginning [...]
Expects to Emerge from Chapter 11 in the Coming Weeks ST. LOUIS, Sept. 13, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") today announced that, just over eight months after filing for Chapter 11, the United States Bankruptcy Court for the Eastern District of Missouri has confirmed its Amended Plan of Reorganization (the "Plan [...]
ST. LOUIS, Sept. 9, 2016 /PRNewswire/ -- Arch Coal kicked off its signature Teacher Achievement Awards Program today in West Virginia and Wyoming. It is the longest-running, privately sponsored teacher recognition program in both states. "Arch Coal relies on superior classroom teachers to engage and instruct their students so they will become [...]
Board to Consist of Seven Highly-Qualified and Experienced Executives ST. LOUIS, Sept. 6, 2016 /PRNewswire/ -- Arch Coal Inc. today announced the proposed composition of its new board of directors. Subject to the Court's confirmation of the company's Plan of Reorganization, the term of the new board members will begin upon the company's emergence [...]
ST. LOUIS, July 8, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") today announced that the United States Bankruptcy Court for the Eastern District of Missouri has approved the Disclosure Statement filed in connection with the company's proposed Plan of Reorganization (the "Plan"). With this approval, Arch can begin to solicit [...]
ST. LOUIS, July 5, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") today announced that it has secured a global settlement with certain of its senior secured lenders that hold more than 66 2/3% of its first lien term loan and the Official Committee of Unsecured Creditors (the "UCC"). The company has filed an amended Plan of [...]
