Cases & Deals

Peabody Energy amends and restates receivables securitization program with PNC

Clients Peabody Energy Corporation

Jones Day represented Peabody Energy Corporation, a large private-sector coal company, in connection with an amendment and restatement of its receivables securitization program with PNC to, among other things, increase the maximum availability under the facility to $250 million, extend the facility termination date, and add certain Australian subsidiaries of Peabody Energy Corporation as originators.