The company's revolving credit facility will bear interest at a rate determined by a pricing grid based on first lien leverage, and the financial covenant is unchanged. The company continues to have US$395 million aggregate principal amount outstanding under its term loan facility maturing in March 2025.
Peabody is the leading global pure-play coal company and a member of the Fortune 500, serving power and steel customers in more than 25 countries on six continents. The company offers significant scale, high quality assets, and diversity in geography and products. Peabody is guided by seven core values: safety, customer focus, leadership, people, excellence, integrity and sustainability.
