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Peabody Announces Exchange Offer and Consent Solicitation Relating to Existing 6.000% Senior Secured Notes due 2022



(1) Assumes 80% participation in the Exchange Offer by the Early Tender Date and 100% participation in the Exchange Offer by the Expiration Date. Subject to satisfaction of the conditions to the Exchange Offer, regardless of the level of participation by the Early Tender Date or the Expiration Date, for each $1,000 principal amount of Existing Notes tendered in the Exchange Offer, Eligible Holders will receive $1,000 in consideration in the form of New Notes and, if applicable, cash.
(2) Eligible Holders will receive $10.00 of additional consideration per $1,000 principal amount of Existing Notes validly tendered by the Early Tender Date.
(3) Eligible Holders will receive their pro rata share per $1,000 principal amount of Existing Notes validly tendered of the $194.0 million aggregate principal amount of New Co-Issuer Notes. ....

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