Originally published Friday, November 20, 2009 at 12:15 PM
Comments (0)
E-mail article
Print view
Share
James River Coal closes $172.5M note offering
James River Coal Co. on Friday said it closed its $172.5 million convertible senior note offering.
The Associated Press
James River Coal Co. on Friday said it closed its $172.5 million convertible senior note offering.
The company said its 4.5-percent convertible senior notes were sold in a private placement. The notes will pay interest semiannually and mature in 2015. The company sold $150 million of notes, along with $22.5 million of notes from the over-allotment option.
Net proceeds, including from the over-allotment option, amount to about $166.8 million. James River said it planned to use $58.5 million of the proceeds to terminate a letter of credit facility and the rest for working capital and general purposes.
Shares of the company fell 72 cents, or 3.5 percent, to $19.60 in afternoon trading.
E-mail article
Print view
Share
UPDATE - 02:13 AM
EU nations' reality: Greece's woes are theirs, too
UPDATE - 02:51 AM
Greece leads markets higher amid EU rescue hopes
RealNetworks makes key play with Rhapsody spinoff
Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
Lots of Buzz over Google latest bid at social networking
More Business & Technology headlines...
Entertainment | Top Video | World | Offbeat Video | Sci-Tech
Open Houses
|
Find this weekend's open house listings.
Or search by location:
|
nwautos
Associated Press Study: Fatal crashes down in Washington Last year Washington's roads were the scene of the fewest fatal crashes since 1955. According...
Post a comment
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
Five reasons to stick with a job you hate -- for now
Post a comment
- Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
- Man found shot dead in pickup truck in Seattle
- Seattle is first U.S. stop for Picasso exhibit
- Husky Football Blog | Pac-10 expansion to get consideration over next year
- State Senate votes to clear way for tax increases
- Idol Confessions | "American Idol" hopeful from Seattle didn't make it to Hollywood afterall
- Belltown boulevard could be completed by early next year
- Nicole Brodeur | Chrisceda Clemmons' house wasn't the only casualty
- Brier Dudley's Blog | Google rolls its own Facebook & Twitter with Gmail "Buzz"
- Sex, drug rumors swirl about N.Y. Gov. Paterson
- Republicans may be no-shows at health-plan summit 278
- State Senate votes to clear way for tax increases 250
- Pac-10 expansion to get consideration over next year 249
- Lee undergoes foot surgery 231
- Obama: GOP and Dems together can spur job growth 210
- Fort Lewis soldier charged with abusing 4-year-old, holding her head in water 193
- Rivals names Martin one of Pac-10's best recruiters 143
- Belltown boulevard could be completed by early next year 128
- Bus-tunnel attack while guards watched prompts review of Metro security 120
- White House mocks Sarah Palin from podium 92
- Seattle is first U.S. stop for Picasso exhibit
- Belltown boulevard could be completed by early next year
- 747-8 soars smoothly on first outing
- Wine Adviser | Oregon's quality pinots join the bargain ranks
- Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
- Snap out of your photo funk: How to make sense of all those piles of images
- How clean are those pre-washed salad greens?
- Answers to biggest Olympic TV questions
- Brier Dudley's Blog | Google rolls its own Facebook & Twitter with Gmail "Buzz"
- Jerry Brewer | Huskies softball pitcher Danielle Lawrie: A star on the field, not in her mind
