ST. LOUIS, Sept. 19, 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 the Co-Issuers successfully completed the repurchase of approximately $20.4 million aggregate principal amount of the Co-Issuers' 10.000% Senior Secured Term Loan due 2024 (the "Term Loan") at a weighted average purchase price of 105.91% of par, in accordance with the Credit Agreement, dated January 29, 2021, among the Co-Issuers, as co-borrowers, the lenders party thereto from time to time and Wilmington Trust, National Association (as successor to JPMorgan Chase Bank, N.A.), as administrative agent, which governs the Term Loan.
Read more at prnewswire.comPIC AU HOLDINGS LLC AND PIC AU HOLDINGS CORPORATION, WHOLLY‐OWNED SUBSIDIARIES OF PEABODY, ANNOUNCE REPURCHASE OF $20.4 MILLION OF TERM LOAN DEBT, AND OFFER TO PURCHASE ANY AND ALL OUTSTANDING 10.000% SENIOR SECURED NOTES DUE 2024
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