Peabody gets court nod to solicit creditor vote on reorganisation plan

USA-headquartered miner Peabody Energy has received court approval to solicit a vote from its creditors on its proposed plan of reorganisation.

It also received the approval of the US Bankruptcy Court for the Eastern District of Missouri for its plan support agreement, private placement agreement and backstop commitment agreement, it said.

“Today’s...

Published

Deepali Sharma

January 27, 2017

04:09 GMT

Singapore