Peabody Energy to redeem all outstanding convertible senior notes on Nov. 18

PUBT · 1d ago
Peabody Energy to redeem all outstanding convertible senior notes on Nov. 18
  • Peabody will fully redeem its 3.250% Convertible Senior Notes due 2028 on Nov. 18, 2026.
  • Redemption price set at 100% of principal, with accrued and unpaid interest up to, but excluding, the redemption date.
  • Noteholders can convert through 5:00 p.m. New York time on Nov. 16, 2026.
  • Conversion rate raised to 54.928 shares per USD 1,000 principal from 52.8309 due to a make-whole fundamental change.
  • Peabody elected cash settlement for conversions, settling conversion obligations entirely in cash.


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: 202609161621PR_NEWS_USPR_____CG49898) on September 16, 2026, and is solely responsible for the information contained therein.