Tagged BTU

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Peabody Energy Emerges from Chapter 11

ST. LOUIS, April 3, 2017 /PRNewswire/ — Peabody announced today that it has emerged from Chapter 11 protection with a transformed capital structure, including new equity that is expected to begin trading tomorrow on the New York Stock Exchange under the ticker symbol BTU. “We believe that ‘The New BTU’ is well positioned to create…

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Peabody Energy Files Chapter 11

Link to Docket: http://www.kccllc.net/Peabody  Peabody Energy Corporation today voluntarily filed petitions under Chapter 11 for the majority of its U.S. entities in the United States Bankruptcy Court for the Eastern District of Missouri.1  Through this process, the company intends to reduce its overall debt level, lower fixed charges, improve operating cash flow and position the…

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