| Creditor sues Arch Coal's lenders for trying to block debt swap | |
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Sept 17 (Reuters) - A creditor of Arch Coal Inc has sued a group of lenders alleging they are trying to use the struggling U.S. miner's credit agreement to block its out-of-court restructuring efforts and push it into bankruptcy. The transaction is expected to help the company reduce its total debt by almost 20 percent and its annual interest expense by more than 20 percent, it said. Coal producers including Arch Coal have been under pressure as power utilities switch to cheaper natural gas and big consumers such as China reduce imports. Arch Coal officials or GSO Capital Partners LP were not immediately available for comment. The case has been filed in the New York State Supreme Court dated Sept. 16 and Index no.- 653110/2015. (Reporting by Sangameswaran.S; Editing by Anupama Dwivedi)
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Arch Coal Inc
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PRODUCTEUR |
CODE : ACI |
ISIN : US0393801008 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Arch Coal est une société de production minière de charbon basée aux Etats-Unis D'Amerique. Arch Coal détient divers projets d'exploration en USA. Ses principaux projets en production sont WEST ELK, BLACK THUNDER et JACOB'S RANCH en USA et son principal projet en développement est SPRUCE N° 1 en USA. Arch Coal est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 366 000 US$ (317 981 €). La valeur de son action a atteint son plus haut niveau récent le 27 juin 2003 à 99,96 US$, et son plus bas niveau récent le 04 octobre 2018 à 0,01 US$. Arch Coal possède 36 600 000 actions en circulation. |