Patriot Coal Corp.

Company Expects to Emerge from Chapter 11 Reorganization on December 18 ST. LOUIS, Dec. 17, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced that the U.S. Bankruptcy Court for the Eastern District of Missouri has confirmed the Company's Plan of Reorganization.  Patriot will close on its exit financing, complete the rights [...]

Expects to Launch Syndication of Term Loan and Asset-Backed Facility This Week ST. LOUIS, Nov. 12, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced that it has secured the required consents from its lenders to transfer a portion of the Company's current letter of credit facility into a new $201 million letter of credit [...]

ST. LOUIS, Oct. 24, 2013 /PRNewswire/ -- The U.S. Mine, Safety and Health Administration (MSHA) today notified Patriot Coal Corp. (OTC: PCXCQ) that a Pattern of Violations (POV) exists at the Brody No. 1 mine, located in Boone County, West Virginia.  Patriot acquired Brody Mining, LLC (Brody) effective December 31, 2012.  Prior to that time, Brody [...]

- Knighthead agrees to sponsor Patriot's bankruptcy reorganization - Company settles all claims against Peabody and Arch in exchange for key funding - More than $400 Million to be provided to VEBA for UMWA Retiree Healthcare - Company files amended Plan of Reorganization and Disclosure Statement - Emergence targeted by year-end ST. LOUIS, Oct [...]

ST. LOUIS, Sept. 18, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced that its mine rescue teams once again achieved outstanding results at the National Mine Rescue Contest sponsored by the U.S. Department of Labor.  The competition included 87 teams from across the country. The Company's Western Kentucky team placed second in [...]

ST. LOUIS, Sept. 13, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced that G. Frank Foster has been inducted into the Coal Mine Rescue Hall of Fame.  The induction ceremony took place in Columbus, Ohio during the banquet recognizing the winners of the 2013 biennial national mine rescue competition.  The Hall of Fame was [...]

ST. LOUIS, Sept. 11, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced that its Debtor-in-Possession financing has been extended to December 31, 2013. Separately, the Company today filed a notice with the U.S. Bankruptcy Court for the Eastern District of Missouri setting forth the relevant dates for approval of its forthcoming [...]

ST. LOUIS, Sept. 10, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today announced plans to idle its Logan County complex located near Man, West Virginia, reducing thermal coal production by approximately two million annual tons.  Pursuant to the WARN Act, the Company gave 60-day notice today to affected employees.  The operations expected [...]

ST. LOUIS, Sept. 6, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today filed a Plan of Reorganization with the U.S. Bankruptcy Court for the Eastern District of Missouri as contemplated by the terms of Patriot's Debtor-in-Possession financing. The Company anticipates filing its Disclosure Statement with the Bankruptcy Court in the next [...]

ST. LOUIS, Aug. 21, 2013 /PRNewswire/ -- Patriot Coal Corp. (OTC: PCXCQ) today issued the following statement regarding the Bankruptcy Appellate Panel's decision.  "We are pleased that the Bankruptcy Appellate Panel has found Peabody Energy Corp. responsible for healthcare benefits it assumed at the time of the spin-off of Patriot. The appellate [...]