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Re: sambeaux post# 1244

Wednesday, 04/13/2016 7:25:59 AM

Wednesday, April 13, 2016 7:25:59 AM

Post# of 3266
Peabody Energy Corporation (NYSE: BTU) announced Wednesday morning it has voluntarily filed petitions under Chapter 11 for the majority of its U.S. entities in a U.S. Bankruptcy Court .

Peabody Energy stated that through the process, it intends to reduce its overall debt load, lower fixed charges, improve its operating cash flow and better position the company towards long term success.

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