{"id":2749,"date":"2020-10-03T11:18:17","date_gmt":"2020-10-03T10:18:17","guid":{"rendered":"https:\/\/businessfinancenews.com\/?p=2749"},"modified":"2021-12-31T03:22:13","modified_gmt":"2021-12-31T02:22:13","slug":"arch-coal-inc-is-getting-desperate","status":"publish","type":"post","link":"https:\/\/businessfinancenews.com\/26842-arch-coal-inc-is-getting-desperate\/","title":{"rendered":"ARCH Coal Inc Is Getting Desperate"},"content":{"rendered":"\n
In 2015 we already published that ARCH Coal had to accomplish a large payment of a debt<\/a> by December 2015. However, they opted to defer payment to mid-January 2016. The goal here was to buy some time with the holders of debt. We asked our sources which are the reasons for the request to defer the payment one month. Are they going to receive a line of credit? That did not happen and the company finally filed for bankruptcy.<\/p>\n\n\n\n\t\t\t