Arch trimming debt levels

US COAL producer Arch Coal has refinanced its senior secured term loan and expects to end the first quarter with a cash balance in excess of its total debt.

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Arch trimming debt levels Arch trimming debt levels Arch trimming debt levels Arch trimming debt levels Arch trimming debt levels

Proceeds – along with cash on hand – were being used to pay off Arch's existing term loan, Arch CEO John Eaves said.

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