Peabody Energy Corporation (BTU): Drawing down the rest of the credit line...

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LouisDesyjr

Re: sambeaux post# 1108

Wednesday, 03/16/2016 10:39:17 AM

Wednesday, March 16, 2016 10:39:17 AM

Drawing down the rest of the credit line

http://ih.advfn.com/p.php?pid=nmona&article=70784801

Last month Peabody said it would draw down the balance of its $1.65 billion revolving credit facility.

I saw another source that said it had been done. I am still looking for that source and will post once I have it.

Louis J. Desy Jr.

Disclosure: I own BTU Apr 22 2016 $2 puts and BTU Jun 2016 $0.50 puts.

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