trending Market Intelligence /marketintelligence/en/news-insights/trending/JxKZLOlHXDnrLmZpItNBoA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Peabody appeases more creditors with updated plan

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020

Peabody appeases more creditors with updated plan

Peabody Energy Corp. has increased the consensus among creditors in an updated reorganization plan.

On Dec. 28, holders of about 25% of the outstanding principal amount of the company's senior unsecured notes and about 25% of the outstanding principal amount of the company's senior secured second-lien notes will become parties to various agreements, according to a company release.

"We are very pleased by the substantial incremental support our plan has received over the past few days," said Peabody Energy Executive Vice President and CFO Amy Schwetz. "The plan has gained significant additional consensus among Peabody's senior bondholders as we continue to move toward confirmation."

The coal producer has also reached an agreement with the creditor co-proponents of the plan to extend the deadline for the company's senior secured second-lien notes and senior unsecured notes. These will now become parties to certain agreements related to a proposed $750 million in common stock rights offering and $750 million of mandatory convertible preferred stock.

Peabody also said the U.S. Bankruptcy Court for the Eastern District of Missouri ordered it to allow certain holders of about 12% of the outstanding principal amount of Peabody's senior secured second-lien notes and about 7% of the outstanding principal amount of Peabody's senior unsecured notes to become phase-two parties to certain agreements if they submit joinders before 3 p.m. ET on Jan. 6, 2017.