announcedOct. 5 the early tender results of the previously announced for its outstanding 8.50%senior notes due 2019 and 6.375% senior notes due 2024.
ThePowder River Basin coal producer is offering to exchange up to $400 millionaggregate principal amount of the senior notes for new secured 12.00%second-lien notes due 2021, and has previously extended the early tender dateof the exchange offers to Oct.4.
Asof Oct. 4, 79.29% of the notes due 2019 have been validly tendered but notvalidly withdrawn, while 71.59% of the notes due 2024 have been tendered butnot validly withdrawn.
Thewithdrawal rights ended Sept. 27, while the exchange offers are scheduled toconclude Oct. 12, unless extended.