trending Market Intelligence /marketintelligence/en/news-insights/trending/fKCdwF4ag_ZAlpo9Wz_DeA2 content esgSubNav
In This List

Peabody Energy plans to sell $900M of senior notes

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Peabody Energy plans to sell $900M of senior notes

Peabody Energy Corp. plans to sell $900 million of senior secured notes due 2026 to repurchase outstanding securities, subject to market and other conditions.

The company plans to use all or a portion of the net proceeds, together with cash on hand, to purchase approximately $495.3 million of its outstanding 6.000% senior secured notes due 2022, and approximately $481.0 million of its outstanding 6.375% senior secured notes due 2025.

Any remaining proceeds, together with cash on hand, will be used to redeem remaining 2022 notes, according to a Form 8-K filed Sept. 16.