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Arch extends availability period of DIP facility


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Arch extends availability period of DIP facility

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.