Foresight Energy Launches Exchange Offer To Support Debt Restructuring |
| August 03, 2016 | August 2016 Bond Updates |
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Thermal coal producer Foresight Energy launched the cash tender and exchange offer in support of its proposed restructuring, drawing to a close a year-long dispute with bondholders who successfully argued that Murray Energy’s purchase of a non-controlling stake in the company triggered a change-of-control and the potential acceleration of its $600 million bond issue. |
| View more at: http://www.forbes.com/sites/spleverage/2016/08/02/foresight-energy-launches-exchange-offer-to-support-debt-restructuring/ |
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