04
Apr
18:40
Peabody ends chapter 11 restructuring
US coal producer Peabody Energy has emerged from its year-long chapter 11 bankruptcy protection, Kallanish reports.
Peabody filed for bankruptcy protection in April 2016. Since then, it has reduced its debt by over $5 billion. It will begin trading on the New York Stock Exchange this week under the BTU ticker symbol.
"We believe that 'the new BTU' is well positioned to create substantial value for shareholders and other stakeholders over time,&qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous