Peabody announces expiration and final results of offer to purchase up to $22.5 million in aggregate accreted value of its 8.500% senior secured notes due 2024

St. louis, march 15, 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 $22.5 million (the "maximum tender amount") in aggregate accreted value of its 8.500% senior secured notes due 2024 (the "2024 notes") at a purchase price equal to 80% of the accreted value of the 2024 notes to be repurchased, plus accrued and unpaid interest as set forth in the indenture for the 2024 notes, to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the offer to purchase, dated february 10, 2021 (the "offer to purchase"). the offer was made to satisfy the requirements of the indenture for the 2024 notes.
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