Sept 18 (Reuters) - Peabody Energy Corp BTU.N Peabody...

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    Sept 18 (Reuters) - Peabody Energy Corp BTU.N

    • Peabody successfully completes credit agreement repricing amendment
    • Peabody Energy Corp - certain terms were also modified, including addition of a $450 million restricted payments basket
    • Peabody Energy - senior secured term loan to now bear interest at rate of libor plus 3.50 percent, with libor floor of 1.00 percent, reflecting reduction of 1 percent
    • Peabody - impact of interest rate reduction, $300 million debt repayments to reduce annual cash interest expense by about $23 million on a pro forma basis
 
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