Tuesday, March 1, 2016

"Bankruptcy court approves Arch Coal financing over objections" $ACI

Sounds like Arch Coal bankruptcy is on track:

"A federal bankruptcy judge has approved Arch Coal’s request for $275 million in interim financing, delivering a victory to the embattled mining firm and a blow to junior creditors and environmentalists opposed to the deal.

The ruling removes two significant obstacles to Arch’s restructuring efforts and puts the company on track to meet its fall timeline for reemerging from bankruptcy."

1 comment:

eah said...

Aubrey McClendon is dead.