Peabody Energy Corporation (BTU)

[LouisDesyjr]

Drew down credit line on February 12, 2016

I found a SEC report making the reference.

8K report from Feb 12, 2016:
http://ih.advfn.com/p.php?pid=nmona&article=70453328

On February 12, 2016, after transferring certain letters of credit issued under the Credit Agreement, Peabody borrowed approximately $120 million under the Revolver, which represented the then-remaining undrawn available amount.

So they drew down the remainder available on Feb 12, 2016.

Louis J. Desy Jr.


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