Peabody: ‘Behind-the-scenes activity is substantial’ on asset sales, debt cuts

摘要

Peabody Energy Corp., the largest U.S. coal producer, is weighingrnmultiple asset sales and potential debt buybacks and exchanges asrnthe company and its peers adjust to a smaller market.rnPresident and CEO Glenn Kellow said that “behind-the-scenesrnactivity is substantial” to monetize assets and deleverage its balancernsheet, although he cautioned that “making the right deal is asrnimportant as the timing.”