Peabody gains approval of Chapter 11 plan amid creditor objections
US-Australian coal company Peabody has garnered “substantial support” among creditors for a plan to slash its US$8 billion debt that was submitted to a US court late last year; though some shareholders claim the plan unfairly coerces investors to agree to its terms.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.