ST. LOUIS, Jan. 21, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that lower-than-planned shipment levels in the Powder River Basin and reduced production levels at the Mountain Laurel complex in Appalachia will impact its fourth quarter 2013 financial results. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) In [...]
SCOTT DEPOT, W.Va., Jan. 7, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that Charles G. Snavely has elected to retire as president of the company's eastern U.S. operations, following an exceptional 35-year career in the coal industry. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) "Charles has made a significant [...]
Actions Increase Liquidity, Extend Debt Maturities and Enhance Financial Flexibility ST. LOUIS, Dec. 17, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced the successful completion of a series of financing transactions, including amendments to its senior secured credit facility, a $300 million senior secured Term Loan B facility [...]
ST. LOUIS, Dec. 13, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that it has successfully completed its consent solicitation with respect to its 8.750% Senior Notes due 2016 (CUSIP No. 039380AB6) (the "Notes"). (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) On December 2, 2013, Arch commenced a cash tender offer [...]
ST. LOUIS, Dec. 12, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) announced today it has received the requisite commitments from lenders for amendments to its senior secured credit facility. Upon closing of the amendments to the senior secured credit facility, Arch would increase its term loan facility from $1.63 billion to $1.93 billion with the [...]
ST. LOUIS, Dec. 12, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced the pricing of $350 million aggregate principal amount of its 8.000% Senior Secured Second Lien Notes due 2019 (the "2019 Notes") at an issue price of 100% of principal amount. The offering was upsized to $350 million from the previously announced $300 million due to [...]
ST. LOUIS, Dec. 12, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced it has commenced a private offering of $300 million aggregate principal amount of senior secured second lien notes due 2019 (the "2019 Notes"). The 2019 Notes will be secured on a second priority basis, subject to certain exceptions and permitted liens, by the assets [...]
New West Virginia Mine to Provide High-Quality Metallurgical Coal to Steelmakers Around the World GRAFTON, W.Va., Dec. 9, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the [...]
ST. LOUIS, Dec. 2, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced the launch of a series of financing transactions, including amendments to its senior secured credit facility, a $300 million senior secured Term Loan B facility and a cash tender offer (the "Tender Offer") for any and all of its outstanding $600 million aggregate [...]
WASHINGTON, Oct. 31, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE: ACI) today announced that its ACI Hazard subsidiary earned the national Sentinels of Safety award for achieving the best 2012 safety record among the largest coal processing facilities in the United States.(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) The prestigious [...]
Liquidity increases to $1.6 billion with sale of Canyon Fuel thermal assets Strong 3Q13 cost performance leads to 2013 annual cost guidance reduction ST. LOUIS, Oct. 29, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE: ACI) today reported a net loss of $128.4 million, or $0.61 per diluted share, in the third quarter of 2013. Excluding non-cash [...]
ST. LOUIS, Oct. 24, 2013 /PRNewswire/ -- The board of directors of Arch Coal Inc. (NYSE:ACI) today declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable Dec. 13, 2013 to shareholders of record on Nov. 29, 2013. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) U.S.-based Arch Coal[...]