06
Jul
21:37
Arch Coal submits revised bankruptcy plan
US metallurgical and thermal coal supplier Arch Coal Inc has developed a new plan to emerge from Chapter 11 bankruptcy, Kallanish understands.
Under the revised plan, Arch has agreed to settle with its senior secured lenders holding greater than 66 2/3% of its first lien term loan and with the Official Committee of Unsecured Creditors.
"The global settlement is a momentous achievement that should facilitate a timely and successful conclusion to our finan…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
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