Peabody Energy Corp.

ST. LOUIS, Aug. 10, 2016 /PRNewswire/ -- Peabody Energy announced today that it has received approval of its business plan by the company's debtor-in-possession (DIP) financing lenders. The business plan forms the foundation for the plan of reorganization that the company expects to submit before the end of the year. Both the business plan and the plan of reorganization are essential milestones toward Peabody's successful [...]

ST. LOUIS, July 26, 2016 /PRNewswire/ -- Peabody Energy announced today it reached agreements with three state regulatory agencies regarding financial assurances in support of coal mine restoration.     Superpriority settlement agreements have been reached with Wyoming, New Mexico and Indiana, states in which Peabody has self-bonding obligations.  These agreements, which are subject to bankruptcy court approval, would [...]

ST. LOUIS, May 19, 2016 /PRNewswire/ -- Peabody Energy announced today that it has completed the sale of its 5.06 percent participation interest in the Prairie State Energy Campus to the Wabash Valley Power Association for $57 million, subject to certain customary post-closing adjustments.  Peabody expects to use the transaction proceeds for general corporate purposes.  Peabody previously announced the sale in January [...]

ST. LOUIS, May 17, 2016 /PRNewswire/ -- Peabody Energy Corp. today announced that the company has received final approval from the U.S. Bankruptcy Court for the Eastern District of Missouri for its $800 million Debtor-in-Possession (DIP) financing facility.   The approval, granted following a hearing before Judge Barry S. Schermer, provides Peabody with access to capital to ensure the company can continue operating its [...]

ST. LOUIS, May 9, 2016 /PRNewswire/ -- Peabody Energy today announced that several of its Australian subsidiaries have entered into sale and purchase agreements with Australia-based Pembroke Resources, a portfolio company of leading energy and resources-focused global private equity firm Denham Capital, to sell its interest in undeveloped metallurgical reserve tenements in Queensland's Bowen Basin for A$104 million in [...]

- Court approves $800 million of Debtor-in-Possession financing facilities on interim basis, with $200 million of $500 million term loan immediately available to Company - Approval includes uninterrupted payment to employees - Peabody to continue payments for goods and services purchased post-petition ST. LOUIS, April 14, 2016 /PRNewswire/ -- Peabody Energy Corp. (OTC: BTUUQ) today announced that first-day motions to [...]

- Peabody Energy Corp. and majority of U.S. entities file for voluntary Chapter 11 protection - Operations expected to continue in ordinary course of business; Australian platform not part of filing - Action targeted toward significant debt reduction and improvement in fixed charges - Comprehensive approach intended to reposition company for long term success - Secured/unsecured lender group led by Citigroup to provide [...]

ST. LOUIS, March 31, 2016 /PRNewswire/ -- As a result of market conditions, Peabody Energy (NYSE:BTU) has made the difficult decision to reduce approximately 235 hourly and salaried employees from its North Antelope Rochelle Mine in the Powder River Basin to align the workforce with customer needs. "While our asset position and contracting strategies give us relative strength, we are taking these actions to match [...]

- 2015 revenues of $5.61 billion lead to Adjusted EBITDA of $434.6 million, including $23.5 million in restructuring charges - Diluted Loss Per Share from Continuing Operations totals $(102.62); Adjusted Diluted EPS totals $(36.39) - Australian costs per ton improve 24% to record low for platform; U.S. costs per ton improve 5% even with lower volumes; Capital spending declines 35% to $127 million - 2016 targets include 18 [...]

ST. LOUIS, Jan. 25, 2016 /PRNewswire/ -- On Thursday, Feb. 11, 2016, Peabody Energy (NYSE: BTU) will announce the results for the year ended Dec. 31, 2015.  A conference call with management is scheduled for 10 a.m. CST on Thursday, Feb. 11. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 International (612) 332-0226 The call, replay and other investor data [...]