Thursday, February 11, 2016

"Peabody Energy Announces Results For The Year Ended December 31, 2015" $BTU


  • "As of Feb. 9, 2016, liquidity totaled $902.6 million, which consisted of $778.5 million in cash, $123.0 million available under the company's accounts receivable securitization and the remainder under the revolving credit facility."
  • "Peabody and its advisors are currently in discussions with debt holders to evaluate financial alternatives, including potential debt exchanges, debt buybacks and new financing, to preserve liquidity and delever the balance sheet."
  • "The company's final PRB reserve installment of approximately $250 million is scheduled to be paid in the second half of 2016."
  • Capital Expenditures [2016 guidance]: $120 – $140 million

1 comment:

Anonymous said...

Can they make it to April 15th before BK?