COMPANY ACTIVITY

Shareholders the biggest losers in Peabody bankruptcy

PEABODY Energy has confirmed the plan of reorganisation it needs to emerge from Chapter 11 Bankruptcy Protection provides for only partial recoveries for unsecured claims, which by law means shareholders will lose out.

Lou Caruana
Shareholders the biggest losers in Peabody bankruptcy

The miner has been consistent and transparent for many months in communicating that, as with most Chapter 11 processes, current equity holders are unlikely to receive any value and their shares are likely...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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Mining Magazine Intelligence Digitalisation Report 2023

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