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Alpha Natural Resources, inc. c Message Board

  • dlhild@ymail.com dlhild Apr 17, 2013 12:14 PM Flag

    Bankruptcy in ANR's future?

    2.375% Note Due 2015 - $287,500,000
    3.25% Note Due 2015 - $536,162,000
    Term Loan Due 2016 - $540,000,000
    9.75% Due 2018 - $500,000,000
    6.00% Due 2019 - $800,000,000
    6.25% Due 2021 - $700,000,000

    This is a whole lot of debt not due very far into the future. World growth is slowing. Volumes and margins are going to be weak for the next 2-3 years or so. It appears ANR is flirting with Chapter 11. I wish it wasn't so, but it looks that way.

 
ANR
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