|Bid||3.3600 x 1800|
|Ask||3.3700 x 3000|
|Day's Range||3.2300 - 3.4250|
|52 Week Range||0.8000 - 9.8700|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 09, 2020|
|Forward Dividend & Yield||0.58 (17.79%)|
|Ex-Dividend Date||Oct 29, 2019|
|1y Target Est||2.79|
Shares of global coal giant Peabody Energy (NYSE: BTU) fell as much as 16% on Thursday, just one day after a new administration took over in Washington. No news from Peabody appears to have precipitated this decline, but the government handover is a very big deal that likely has investors reevaluating this coal miner's stock. The previous administration had been a staunch supporter of coal.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Peabody Energy Corp. (NYSE: BTU).
Peabody (NYSE: BTU) today announced that as of 5:00 p.m., New York City time, on January 15, 2021 (the "Extended Early Tender Date"), at least $397.5 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 (the "Existing Notes"), representing approximately 86.6% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody's previously announced offer to exchange (the "Exchange Offer") any and all of its Existing Notes for (i) new 10.000% Senior Secured Notes due December 31, 2024 (the "New Co-Issuer Notes") to be co-issued by PIC AU Holdings LLC, a Delaware limited liability company and an indirect, wholly-owned subsidiary of Peabody, and PIC AU Holdings Corporation, a Delaware corporation and an indirect, wholly-owned subsidiary of Peabody, and (ii) new 8.500% Senior Secured Notes due December 31, 2024 (the "New Peabody Notes" and together with the New Co-Issuer Notes, the "New Notes") to be issued by Peabody.