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BRIEF-Arch Coal announces plans to refinance existing first lien term loan facility
February 15, 2017 / 10:23 PM / 7 months ago

BRIEF-Arch Coal announces plans to refinance existing first lien term loan facility

Feb 15 (Reuters) - Arch Coal Inc

* Arch Coal, Inc. announces plans to refinance existing first lien term loan facility

* Arch Coal - Seeking to refinance first lien term loan facility with proceeds from a 7-year $250 million first lien term Loan B facility, cash on hand

* Arch Coal- Objectives of refinancing are to reduce co’s interest expense, increase its financial flexibility, extend its weighted average debt maturity Source text for Eikon: Further company coverage:

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