Peabody today announced its first quarter 2021 operating results, including revenues of $651.3 million; loss from continuing operations, net of income taxes of $77.7 million; net loss attributable to common stockholders of $80.1 million; diluted loss per share from continuing operations of $0.79; and Adjusted EBITDA1 of $61.1 million. "While economies across the globe are in varying stages of recovery from the ongoing [...]
On Thursday, April 29, 2021, Peabody will announce results for the quarter ended March 31, 2021. A conference call with management is scheduled for 10 a.m. CT on Thursday, April 29, 2021. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and Canada 312-3049 Australia 1800 849 976 United Kingdom 0808 238 9907 For [...]
On March, 25 2021, Peabody will post Wilpinjong Coal Pty Ltd's general purpose financial report for the year ended Dec. 31, 2020 to its website at PeabodyEnergy.com. A conference call with management is scheduled for 10 a.m. CST on March 25, 2021. Any questions related to these results should be directed to Peabody's investor relations department at IR@PeabodyEnergy.com. The call will be available at PeabodyEnergy.com [...]
Today, the Peabody Board of Directors announced that the company and Glenn Kellow, President and CEO, have entered into a leadership transition agreement as part of its succession planning process. Under this agreement, Mr. Kellow will be leaving the company by Aug. 31, 2021. The Board has underway a comprehensive search process to identify Mr. Kellow's successor. While this search is underway, Mr. Kellow will continue in [...]
Peabody today announced the expiration and final results of its previously announced offer to purchase for cash up to $22.5 million in aggregate accreted value of its 8.500% Senior Secured Notes due 2024 at a purchase price equal to 80% of the accreted value of the 2024 Notes to be repurchased, plus accrued and unpaid interest as set forth in the indenture for the 2024 Notes, to, but excluding, the settlement date, on the [...]
Peabody today announced its offer to purchase for cash up to $22.5 million in aggregate accreted value of its 8.500% Senior Secured Notes due 2024 at a purchase price equal to 80% of the accreted value of the 2024 Notes to be repurchased, plus accrued and unpaid interest as set forth in the indenture for the 2024 Notes, to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the [...]
Peabody today announced its fourth quarter 2020 operating results, including revenues of $737.2 million; loss from continuing operations, net of income taxes of $120.4 million, which included $69.3 million of non-cash asset impairments; net loss attributable to common stockholders of $129.2 million; diluted loss per share from continuing operations of $1.25; and Adjusted EBITDA1 of $103.2 million. "Whilst 2020 was a year [...]
Peabody announced today that it has completed its previously announced exchange transaction following the tender of 86.86 percent of its senior secured notes due 2022. The closing of this transaction extends a substantial portion of Peabody's debt maturities to December 2024, eliminates its net leverage ratio covenant and finalizes a four-year standstill with its surety bond providers. "Closing of this transaction today [...]
Peabody today announced the expiration and final results of its previously announced offer to exchange any and all of its 6.000% Senior Secured Notes due 2022 for new 10.000% Senior Secured Notes due December 31, 2024 to be co-issued by PIC AU Holdings LLC, a Delaware limited liability company and an indirect, wholly-owned subsidiary of Peabody, and PIC AU Holdings Corporation, a Delaware corporation and an indirect [...]
On Thursday, Feb. 4, 2021, Peabody will announce results for the quarter and year ended Dec. 31, 2020. A conference call with management is scheduled for 10 a.m. CST on Thursday, Feb. 4, 2021. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and Canada 312-3049 Australia 1800 849 976 United Kingdom 0808 238 9907 [...]
Peabody today announced that as of 5:00 p.m., New York City time, on January 15, 2021 , at least $397.5 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 , representing approximately 86.6% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody's previously announced offer to exchange any and all [...]
Peabody today announced that as of 5:00 p.m., New York City time, on January 8, 2021 , at least $391.2 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 , representing approximately 85% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody's previously announced offer to exchange any and all of [...]