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[...]
SOMERSET, Colo., Oct. 16, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that its Mountain Coal Company's West Elk mine employees surpassed 2 million hours worked without a lost-time safety incident on September 24. The safety record was achieved over 29 months. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) "This [...]
Arch Coal will discuss its third quarter 2013 financial results in a conference call that will be webcast live on Tuesday, Oct. 29 at 10:00 a.m. Eastern time. Participating on the call will be Arch President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior Vice President and [...]
ST. LOUIS, Oct. 10, 2013 /PRNewswire/ -- Arch Coal Inc. ("Arch") (NYSE: ACI) today announced that it has entered into an agreement to acquire the Guffy property from Patriot Coal Corp. ("Patriot") for $16 million in cash. The Guffy reserves are owned in-fee, are contiguous to Arch's Tygart Valley reserves and the Leer mine, and are of comparable [...]