Peabody announces closing of $US1B private offering

PEABODY Energy has closed its private offering of $US1 billion aggregate principal amount of senior secured notes, consisting of $500 million of 6% senior secured notes due 2022 and $500 million of 6.375% senior secured notes due 2025.

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Peabody announces closing of $US1B private offering Peabody announces closing of $US1B private offering Peabody announces closing of $US1B private offering Peabody announces closing of $US1B private offering Peabody announces closing of $US1B private offering

Peabody's restructure plan is coming together.

The net proceeds of the offering have been funded into an escrow account pending Peabody's emergence from bankruptcy.

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