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home / news releases / ARCH - Arch Resources secures $125M in debt funding

ARCH - Arch Resources secures $125M in debt funding

Arch Coal Inc. Class A
Arch Resources (ARCH) to offer $125M convertible senior notes due 2025 in a private offering. Initial purchasers have an option to purchase up to an additional $18.75M of notes.The interest rate, initial conversion rate and other terms of the notes are yet to be determined.Arch Resources intends to use a portion of the net proceeds into the capped call transactions and remainder for general corporate purposes.

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Arch Resources secures $125M in debt funding
Stock Information
Company Name: Arch Coal Inc. Class A
Stock Symbol: ARCH
Market: NYSE
Website: archrsc.com
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