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"). Tendered Notes may be validly withdrawn at any time prior to the Expiration Time, unless earlier terminated by the Co-Issuers. As of 5:00 p.m., New York City time, on October 27, 2022, $14,099,000 aggregate principal amount of Notes had been validly tendered and not validly withdrawn. The Offer is being made on the terms and subject to the conditions set forth in the Co-Issuer's Offer to Purchase, dated September 19, 2022 (the "Offer to Purchase"). Except as otherwise described in this press release, all other terms of the Offer as described in the Offer to Purchase remain unchanged.