Peabody plans USD 225 million convertible senior notes offering due 2031

Peabody Energy

Peabody Energy

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  • Peabody launched a private offering of USD 225 million convertible senior notes due 2031.
  • Initial purchasers can buy up to an additional USD 25 million of notes within 13 days, taking the deal to USD 250 million.
  • Proceeds earmarked for capped call transactions, repurchases of its 3.25% convertible senior notes due 2028, general corporate purposes.
  • Notes will be senior unsecured obligations, pay semiannual interest, mature June 1, 2031.
  • Peabody can redeem from June 5, 2029 if stock trades above 130% of the conversion price for a specified period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peabody Energy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605280653PR_NEWS_USPR_____CG69314) on May 28, 2026, and is solely responsible for the information contained therein.

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