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CHICAGO, Sept 25 (Reuters) - A New York judge urged warring creditors of Arch Coal to continue out-of-court negotiations over a refinancing plan for the second-largest U.S. coal miner, according to an attorney who was present at a hearing on Friday. Justice Saliann Scarpulla of the New York State Supreme Court did not rule on GSO's motion for a temporary restraining order against Arch lenders on Friday, asking the parties instead to pursue an agreement before the October deadline. Legal experts said a restraining order under these circumstances would be difficult to justify because GSO has to prove that it would suffer irreparable harm if the debt swap does not go ahead. GSO, which is part of private equity firm Blackstone Group LP, is represented by law firms Davis Polk and Akin Gump, while Kaye Scholer represents funds managed by firms such as Napier Park Global Capital, Oak Hill Advisors and GoldenTree asset management. Paul, Weiss, Rifkind, Wharton & Garrison represents other funds that hold Arch's loans, such as affiliates of Archview, Caspian and Blackstone. (Reporting by Tracy Rucinski and Tom Hals)
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VanEck Vectors Global Alternative Energy ETF
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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 878,6 millions (789,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 27 juin 2003 à 99,96 , et son plus bas niveau récent le 01 octobre 2018 à 0,01 . Arch Coal possède 47 442 200 actions en circulation. |