Mar
16

Peabody Energy Warns of Possible Bankruptcy Filing

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An 80-foot wall of coal at a Peabody Energy mine in Wyoming. The company has been seeking a deal to ease its debt payments. CreditPeabody Energy

The world’s largest coal company, the Peabody Energy Corporation, warned on Wednesday that it might have to file for bankruptcy protection as it struggles to keep up with its debt payments.

In a securities filing, Peabody said waning demand for coal around the world and stiffer regulations had raised “substantial doubt” about whether the company could continue to operate outside bankruptcy…

Peabody Energy Warns of Possible Bankruptcy Filing

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