Arch Coal Announces $375 Million Senior Notes Offering

Arch Coal, Inc. (NYSE:ACI) announced the pricing of $375 million senior notes offering.

As quoted in the press release:

Due to strong investor demand, the offering was upsized to $375 million from the previously announced $350 million.  Arch will pay interest on the notes on June 15 and December 15 of each year, beginning on June 15, 2013.  The notes will be guaranteed by Arch’s subsidiaries that guarantee indebtedness under Arch’s senior secured credit facility.

To view the whole press release, click here.