Alpha Natural Resources (ANR) issued $700 million in senior notes in 2011. The notes have a 6.25% yield at par, but given the decline in price, the notes now have a yield on cost of 7.5%. However, ...
NEW YORK--(BUSINESS WIRE)--Tighter self-bonding requirements for distressed coal entities would reduce liquidity and could hasten restructuring, according to Fitch Ratings. We anticipate further ...