Peabody Energy Proposes $225 Million Convertible Notes Offering

MT Newswires Live
05/28

Peabody Energy (BTU) said Thursday that it plans to offer $225 million of convertible senior notes due 2031 in a private offering to qualified institutional buyers.

The company said it will offer initial purchasers an option to buy up to an additional $25 million of the notes.

Peabody said the terms, including the interest rate and initial conversion rate, will be determined when the offering is priced.

The company said it intends to use net proceeds from the offering to fund capped call transactions and buy back a portion of its outstanding 3.250% convertible senior notes due 2028.

Shares of the company were up more than 4% in premarket activity Thursday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10