In the news release, Peabody Announces Exchange Offer and Consent Solicitation Relating to Existing 6.000% Senior Secured Notes due 2022, issued 24-Dec-2020 by Peabody over PR Newswire, we are advised by the company that the third paragraph after the table, should read "The New Co-Issuer Notes will be senior secured obligations of the Co-Issuers. The New Co-Issuer Notes will not be guaranteed by any of the Co-Issuers [...]
Peabody has entered into a transaction support agreement with 100 percent of its revolving lenders and letter of credit issuers and approximately 65 percent of its 6.000% senior secured notes due 2022 that contemplates a comprehensive financing solution to extend certain of Peabody's debt maturities and grant financial covenant relief, while maintaining sufficient operating liquidity and financial flexibility. "Today's [...]
Peabody today announced that it has commenced an offer to exchange any and all of its outstanding 6.000% Senior Secured Notes due 2022, as set forth in the table below for new 10.000% Senior Secured Notes due December 31, 2024 to be co-issued by PIC AU Holdings LLC, a Delaware limited liability company and an indirect, wholly-owned subsidiary of Peabody , and PIC AU Holdings Corporation, a Delaware corporation and an [...]
Peabody today announced its third quarter 2020 operating results, including revenues of $671.0 million; loss from continuing operations, net of income taxes of $64.8 million; net loss attributable to common stockholders of $67.2 million; diluted loss per share from continuing operations of $0.66; and Adjusted EBITDA1 of $95.4 million. "Peabody drove strong cost performance within our thermal segments during the third [...]
Pomerantz LLP is investigating claims on behalf of investors of Peabody Energy Corp. . Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Peabody and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On September 28, 2018, a fire occurred at Peabody's North Goonyella [...]
On Monday, Nov. 9, 2020, Peabody will announce results for the quarter ended Sept. 30, 2020. A conference call with management is scheduled for 10 a.m. CST on Monday, Nov. 09, 2020. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and Canada 312-3049 Australia 1800 849 976 United Kingdom 0808 238 9907 For all [...]
Peabody today announced Darren Yeates has been named Executive Vice President and Chief Operating Officer effective Nov. 1, 2020. Darren will have responsibility for all aspects of the company's operations, including sales and marketing, technical services, health and safety and supply chain. "We welcome Darren's continued contributions and look forward to the expertise he will bring to this key leadership position," said [...]
Shareholders with losses exceeding $200,000 are encouraged to contact the firm The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Peabody Energy Corp. common stock between April 3, 2017 and October 28, 2019, inclusive . Peabody investors have until November 27, 2020 to file a lead plaintiff motion. If you are a [...]
Kahn Swick & Foti, LLC and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 27, 2020 to file lead plaintiff applications in a securities class action lawsuit against Peabody Energy Corp. , if they purchased the Company’s shares between April 3, 2017 and October 28, 2019, inclusive . This action is pending in the United States District Court for the [...]
Peabody today announced that the U.S. District Court concluded its review and is supporting Federal Trade Commission efforts to block the formation of the joint venture combining the companies' Powder River Basin and Colorado assets. "We are deeply disappointed with the court's decision as the intense all-fuels competition is clearly apparent to us," said Peabody President and CEO Glenn Kellow. "Our focus now is on [...]
Challenging seaborne market conditions weigh on results; U.S. thermal operations respond well despite reduced scale; Continued secular decline and reduction in long-term natural gas price assumptions contributed to $1.42 billion impairment charge at NARM; Evaluating strategic financing alternatives Peabody today announced its second quarter 2020 operating results, including revenues of $626.7 million; loss from continuing [...]
On Wednesday, August 5, 2020, Peabody will announce results for the quarter ended June 30, 2020. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, August 5. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and Canada 312-3049 Australia 1800 849 976 United Kingdom 0808 238 9907 For all [...]