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Peabody restructures finances

Gains some flexibility and a better interest rate.

Noel Dyson
Peabody Energy's Coppabella coal mine in Queensland.

Peabody Energy's Coppabella coal mine in Queensland.

The company announced it had completed an amendment to its senior secured term loan to lower its interest rate and modify its terms. The senior secured term loan will now bear interest at a rate of the...

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