Peabody Energy wins $1.5B in financing to exit Chapter 11 - Seeking ...

Peabody Energy wins $1.5B in financing to exit Chapter 11
Seeking Alpha
The cash will be used to cover claims by BTU's secured lenders and provide "a strong foundation" for its capital structure when it exits Chapter 11 bankruptcy it filed last April, court documents say. BTU expects to emerge from Chapter 11 in Q2 with a ...