Coal producer
Cloud Peak Energy (NYSE:CLD) said on Wednesday that it has agreed to pay USD45m to terminate the Tax Receivable Agreement (TRA) under its initial public offering .
Shares of Peabody Energy (BTU) are up 4.5% to $45.23,
Cloud Peak Energy (CLD) is up 4.4% to $3.78 and Arch Coal (ARCH) is up 2.4% to $84.08 following the report.
Coal producer
Cloud Peak Energy (NYSE:CLD) stated on Thursday that it has priced its offering of USD200m aggregate principal amount of senior unsecured notes due 2024.
Cloud Peak Energy Inc (NYSE:CLD), a US coal producer, stated on Friday that
Cloud Peak Energy Resources LLC signed a Commitment Letter on 17 January 2014 with Morgan Stanley Senior Funding Inc, PNC Bank National Association, Wells Fargo Bank NA, JPMorgan Chase Bank NA, Credit Suisse AG, Cayman Islands Branch, Goldman Sachs Bank USA, Royal Bank of Canada and Credit Agricole Corporate and Investment Bank (together, the lenders).
Cloud Peak Energy (CLD) downgraded to Underweight from Neutral at JPMorgan by analyst John Bridges, saying he sees higher risk for the company from lower natural gas prices as production ramps up from the Permian basin.
Cloud Peak Energy Inc (NYSE:CLD), an US coal producer, declared on Monday that its Cordero Rojo Mine in northeastern Wyoming, operated over 1m work-hours consecutively without a Mine Safety and Health Administration (MSHA) reportable injury.