Peabody Energy Corp.

ST. LOUIS, May 17, 2016 /PRNewswire/ -- Peabody Energy Corp. today announced that the company has received final approval from the U.S. Bankruptcy Court for the Eastern District of Missouri for its $800 million Debtor-in-Possession (DIP) financing facility.   The approval, granted following a hearing before Judge Barry S. Schermer, provides Peabody with access to capital to ensure the company can continue operating its [...]

ST. LOUIS, May 9, 2016 /PRNewswire/ -- Peabody Energy today announced that several of its Australian subsidiaries have entered into sale and purchase agreements with Australia-based Pembroke Resources, a portfolio company of leading energy and resources-focused global private equity firm Denham Capital, to sell its interest in undeveloped metallurgical reserve tenements in Queensland's Bowen Basin for A$104 million in [...]

- Court approves $800 million of Debtor-in-Possession financing facilities on interim basis, with $200 million of $500 million term loan immediately available to Company - Approval includes uninterrupted payment to employees - Peabody to continue payments for goods and services purchased post-petition ST. LOUIS, April 14, 2016 /PRNewswire/ -- Peabody Energy Corp. (OTC: BTUUQ) today announced that first-day motions to [...]

- Peabody Energy Corp. and majority of U.S. entities file for voluntary Chapter 11 protection - Operations expected to continue in ordinary course of business; Australian platform not part of filing - Action targeted toward significant debt reduction and improvement in fixed charges - Comprehensive approach intended to reposition company for long term success - Secured/unsecured lender group led by Citigroup to provide [...]

ST. LOUIS, March 31, 2016 /PRNewswire/ -- As a result of market conditions, Peabody Energy (NYSE:BTU) has made the difficult decision to reduce approximately 235 hourly and salaried employees from its North Antelope Rochelle Mine in the Powder River Basin to align the workforce with customer needs. "While our asset position and contracting strategies give us relative strength, we are taking these actions to match [...]

- 2015 revenues of $5.61 billion lead to Adjusted EBITDA of $434.6 million, including $23.5 million in restructuring charges - Diluted Loss Per Share from Continuing Operations totals $(102.62); Adjusted Diluted EPS totals $(36.39) - Australian costs per ton improve 24% to record low for platform; U.S. costs per ton improve 5% even with lower volumes; Capital spending declines 35% to $127 million - 2016 targets include 18 [...]

ST. LOUIS, Jan. 25, 2016 /PRNewswire/ -- On Thursday, Feb. 11, 2016, Peabody Energy (NYSE: BTU) will announce the results for the year ended Dec. 31, 2015.  A conference call with management is scheduled for 10 a.m. CST on Thursday, Feb. 11. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 International (612) 332-0226 The call, replay and other investor data [...]

ST. LOUIS, Jan. 21, 2016 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that it has entered into a definitive agreement to sell the subsidiary holding its 5.06 percent share of the Prairie State Energy Campus to the Wabash Valley Power Association for $57 million, subject to certain customary closing adjustments.  The definitive agreement was entered into following a competitive bidding process Peabody [...]

ST. LOUIS, Jan. 4, 2016 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that it has amended elements of its 2013 agreement with the United Mine Workers of America (UMWA) to resolve outstanding Patriot retiree healthcare benefit issues.  This agreement improves Peabody's expected 2017 cash flows by $70 million.  Since 2013, Peabody has contributed $165 million in healthcare funds to a Voluntary Employees [...]

ST. LOUIS, Dec. 8, 2015 /PRNewswire/ -- Peabody Energy has honored coal-fueled power plants for top global and U.S. environmental performance with its Advanced Energy for Life Clean Coal Awards.  Global award recipients include Dynegy Inc. in the United States, Korea Southeast Power Co. (KOSEP) in South Korea, and Trianel Kohlekraftwerk Lünen GmbH & Co KG (Trianel) in Germany.  U.S. award winners include Dynegy and [...]