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 [...]
ST. LOUIS, June 21, 2016 /PRNewswire/ -- Arch Coal Inc. today announced that its Thunder Basin Coal Company subsidiary recently earned top honors for reclamation excellence from the Wyoming Department of Environmental Quality (DEQ) and for surface mine safety from the State Mine Inspector at the Annual Wyoming Mining Association Convention held on [...]
ST. LOUIS, June 15, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") today announced that it has filed an amended Plan of Reorganization (the "Plan") and a related Disclosure Statement with the United States Bankruptcy Court for the Eastern District of Missouri. The Plan is supported by certain of the company's senior secured lenders [...]
ST. LOUIS, May 19, 2016 /PRNewswire/ -- The Arch Coal Foundation announced today that 11 high school graduating seniors were chosen as 2016 Arch Coal Scholars. Each student will receive a $2,000 annual scholarship to an accredited college or university for up to four years. "We are pleased to introduce the 2016 class of Arch Coal Scholars," said [...]
Earns top West Virginia honors; Garners 14 state awards overall ST. LOUIS, Jan. 28, 2016 /PRNewswire/ -- Arch Coal Inc. today announced that it set new records in safety and environmental performance in 2015, surpassing the company's previous best-in-class performance. Arch's total incident rate was 0.99 incidents per 200,000 hours worked &ndash [...]
Obtains interim approval of $275 million in debtor-in-possession (DIP) financing Mining operations and customer shipments to continue in the ordinary course ST. LOUIS, Jan. 12, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") (NYSE: ACI) today announced that the company has received approval from the United States Bankruptcy Court for [...]
Elects to file Chapter 11 reorganization to facilitate financial restructuring Mining operations and customer shipments to continue uninterrupted Company has sufficient liquidity to support mining activities throughout restructuring process ST. LOUIS, Jan. 11, 2016 /PRNewswire/ -- Arch Coal Inc. ("Arch" or the "company") (NYSE: ACI) today [...]
ST. LOUIS, Dec. 15, 2015 /PRNewswire/ -- Arch Coal Inc. ("Arch") (NYSE: ACI) today announced that it has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.875% Senior Notes due 2019, the 7.00% Senior Notes due 2019 and the 7.25% Senior Notes due 2021. This extends the time period the company has to [...]
ST. LOUIS, Dec. 10, 2015 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) ("Arch Coal") today announced that it has been notified by the New York Stock Exchange Regulation, Inc., that it is not in compliance with the New York Stock Exchange, Inc.'s ("NYSE") continued listing standards. Arch Coal is considered below criteria established by the NYSE for [...]
Quarterly Adjusted EBITDA of $135 million Strong operational performance drives improved cash margins in all regions Quarterly results include more than $2.1 billion in asset impairments due to deteriorating market conditions ST. LOUIS, Nov. 9, 2015 /PRNewswire/ -- Earnings Highlights Quarter Ended Nine Months Ended ...