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Arch extends availability period of DIP facility
Q2: U.S. Solar and Wind Power by the Numbers
Essential Energy Insights - September 17, 2020
Essential Energy Insights September 2020
Rate case activity slips, COVID-19 proceedings remain at the forefront in August
on July 20 extendedthe availability period of its debtor-in-possessionfacility from July 21 to September 30, according to a Form 8-K filedJuly 22.
The amendmentalso includes the extension of the facility's termination "to the period duringwhich the 5% per annum unused commitment fee is applicable."
The DIPfinancing is aimed at helping the bankruptcompany in meeting its goal of maintaining mining operations while it works through its restructuring process.