Cloud Peak Energy Inc. (fka CLDPQ)

[makinezmoney]

$CLDP : Crash & Burn to $0.033.... YAhhoooooooooooo


Come to PAPA !


About to go $CLDPQ




By Josh Beckerman Coal mining company Cloud Peak Energy Inc. (CLDP) has filed for chapter 11 bankruptcy protection in Delaware, planning to sell its assets. The company said it expects to continue normal operations throughout the process. It has received a commitment for about $35 million in debtor-in-possession financing from certain noteholders. Cloud Peak entered a support agreement with a majority of the holders of its secured notes due 2021 and unsecured notes due 2024. The company said in November it would review strategic alternatives. It was delisted from the NYSE in March because of its low share price. Write to Josh Beckerman at [e-mail] (END) Dow Jones Newswires May 10, 2019 15:00 ET (19:00 GMT) Copyright (c) 2019 Dow Jones & Company, Inc. Story ID: 20190510DN013087





GO $CLDP