Peabody today announced that, as of 5:00 p.m., New York City time, on August 10, 2018, the previously announced solicitations of consents to amend the indenture governing its 6.000% Senior Secured Notes due 2022 and 6.375% Senior Secured Notes due 2025 had expired. The Consent Solicitations were made in accordance with the terms and subject to the [...]
Peabody today announced that, according to information provided by Ipreo LLC, as Information and Tabulation Agent, the Company has received the Requisite Consents in its previously announced solicitations of consents to amend the indenture governing its 6.000% Senior Secured Notes due 2022 and 6.375% Senior Secured Notes due 2025 . The Consent [...]
ST. LOUIS, July 30, 2018 /PRNewswire/ -- Peabody today announced the commencement of solicitations of consents to amend the indenture governing its 6.000% Senior Secured Notes due 2022 and 6.375% Senior Secured Notes due 2025 . The Consent Solicitations are being made in accordance with the terms and subject to the conditions set forth in a Consent [...]
Robust margins from Australian platform drive continued strong earnings and cash flows; High level of repurchases brings July year-to-date cash returned to shareholders to over $425 million; Company liberates all remaining cash collateral supporting reclamation obligations; Peabody increases dividend to $0.125 per share. ST. LOUIS, July 24, 2018 [...]
ST. LOUIS, July 19, 2018 /PRNewswire/ -- Peabody announced today that its board of directors has declared a quarterly dividend of $0.125 per share on the company's common stock, payable on Aug. 23, 2018 to shareholders of record on Aug. 2, 2018. Today's dividend announcement reflects an increase of nearly 10 percent over last quarter's dividend per [...]
ST. LOUIS, July 3, 2018 /PRNewswire/ -- On Tuesday, July 24, 2018, Peabody will announce results for the quarter ended June 30, 2018. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 24. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the [...]
ST. LOUIS, May 10, 2018 /PRNewswire/ -- Peabody announced today that its board of directors has declared a quarterly dividend of $0.115 per share on the company's common stock, payable on June 4, 2018 to shareholders of record on May 21, 2018. Peabody is the leading global pure-play coal company, serving power and steel customers in more than 25 [...]
First quarter results reflect substantial cash flow generation; Company accelerates share repurchases and expands program size to $1.0 billion; Peabody confirms financial targets for 2018 ST. LOUIS, April 25, 2018 /PRNewswire/ -- Peabody today announced its first quarter 2018 operating results, including revenues of $1.46 billion, income from [...]
ST. LOUIS, April 11, 2018 /PRNewswire/ -- Peabody's Wild Boar Mine was honored recently with the 2018 National Reclamation Award for reclamation work on the Barren Fork Pit. Awarded by the Interstate Mining Compact Commission in the coal category, the award recognizes the company's "dedication to the maintenance of environmental protection through [...]
ST. LOUIS, April 9, 2018 /PRNewswire/ -- Peabody announced today that it reduced the interest rate and extended the maturity of the company's Senior Secured Term Loan. The transaction is expected to close on April 11, subject to customary closing conditions. The company's Senior Secured Term Loan would now bear interest at a rate of LIBOR plus [...]
ST. LOUIS, April 4, 2018 /PRNewswire/ -- On Wednesday, April 25, 2018, Peabody will announce results for the quarter ended March 31, 2018. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, April 25. Participants may access the call using the following phone numbers: U.S. and Canada 312-3049 [...]
ST. LOUIS, March 29, 2018 /PRNewswire/ -- Peabody announced today that it has launched a process to accommodate a repricing of the company's Senior Secured Term Loan to provide additional financial and operational flexibility, extend the maturity profile and reduce its cash interest expense. There can be no assurance that Peabody will be successful [...]