Fitch downgrades Peabody Energy ratings, but sees coal markets at or near bottom

摘要

Fitch Ratings on March 2 downgraded the issuer default ratingnand senior unsecured notes rating on Peabody Energy Corp., butnupgraded its outlook on the company to stable from negative as itn“believes the coal markets are at or near the bottom of the cycle andnshould show slow recovery.”