Peabody announces expiration and final results of offer to purchase up to $15.842 million in aggregate accreted value of its 8.500% senior secured notes due 2024
St. louis, nov. 23, 2021 /prnewswire/ -- peabody (nyse: btu) today announced the expiration and final results of its previously announced offer to purchase (the "offer") for cash up to $15.842 million (the "available repurchase amount") in aggregate accreted value of its 8.500% senior secured notes due 2024 (the "2024 notes") at a purchase price equal to 73.590% of the accreted value of the 2024 notes to be repurchased, plus accrued and unpaid interest as set forth in the indenture (as defined below), to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the offer to purchase, dated october 22, 2021 (the "offer to purchase"). concurrently with the offer, peabody made a debt repurchase offer (the "concurrent lc agreement offer") under the credit agreement, dated as of january 29, 2021, among peabody, the lenders party thereto from time to time and jpmorgan chase bank, n.a.
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