Pic au holdings llc and pic au holdings corporation, wholly-owned subsidiaries of peabody, announce an extension to the expiration date for their previously announced offer to purchase any and all outstanding 10.000% senior secured notes due 2024
St. louis , oct. 27, 2022 /prnewswire/ -- wholly-owned subsidiaries of peabody (nyse: btu), pic au holdings llc, a delaware limited liability company (the "main issuer"), and pic au holdings corporation, a delaware corporation (together with the main issuer, the "co–issuers"), today announced that they have extended the expiration date of their previously announced offer to purchase for cash (the "offer") any and all of the $81,550,000 outstanding principal amount of their 10.000% senior secured notes due 2024 (the "notes"), at a purchase price equal to 105.91% of the principal amount of the notes repurchased in the offer, plus accrued and unpaid interest, if any, to, but excluding, the settlement date for the offer, to 5:00 p.m., new york city time, on november 18, 2022, unless earlier terminated in accordance with the terms of the offer and the indenture (the "expiration time").
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