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Home > "Peabody, World's Top Private Coal Miner, Files For Bankruptcy"

"Peabody, World's Top Private Coal Miner, Files For Bankruptcy" [1]

"Peabody Energy Corp, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia.

The company listed both assets and liabilities in the range of $10 billion to $50 billion, according to a court filing.

The case is in the U.S. Bankruptcy Court for the Eastern District of Missouri, St. Louis, case number 16-42529."

Tracy Rucinski and Tom Hals report for Reuters April 13, 2016. [2]

Economy & Business [3]
Energy & Fuel [4]
International [5]
Public [6]
Source: Reuters [2], 04/13/2016
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Source URL:https://www.sej.org/headlines/peabody-worlds-top-private-coal-miner-files-bankruptcy

Links
[1] https://www.sej.org/headlines/peabody-worlds-top-private-coal-miner-files-bankruptcy [2] http://www.reuters.com/article/us-peabody-energy-bankruptcy-idUSKCN0XA0E7 [3] https://www.sej.org/category/topics-beat/business [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/region/international [6] https://www.sej.org/taxonomy/term/81