Peabody secures $2B-plus loan from banks, private credit to buy Anglo coal business

seekingalpha
26 Nov 2024

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Peabody Energy (NYSE:BTU) has obtained a $2.075B bridge loan from a mix of banks and private credit to back its acquisition of Anglo American's metallurgical coal business, Bloomberg reported Tuesday.

Peabody (BTU) plans to refinance the loan before the

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