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Latest ARCH News From Around the Web
Below are the latest news stories about Arch Resources Inc that investors may wish to consider to help them evaluate ARCH as an investment opportunity.
Arch Resources, Inc. (NYSE: ARCH) today announced that it has joined ResponsibleSteel™, the steel industry's first global not-for-profit multi-stakeholder standard and certification initiative. Arch is the first and only U.S. metallurgical coal producer to join the organization to date.
Arch Resources, Inc. ( NYSE:ARCH ) just released its quarterly report and things are looking bullish. The results...
Arch Resources (ARCH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Arch Resources, Inc. (NYSE: ARCH) will discuss its first quarter 2021 financial results in an investor conference call that will be broadcast live on Thursday, April 22 at 10:00 a.m. Eastern time.
Arch Resources, Inc. (NYSE: ARCH) announced today that it has issued $45.0 million of bonds in the U.S. tax-exempt market through the West Virginia Economic Development Authority, as a follow-on to its $53.1 million offering in July 2020. The bonds are subject to a mandatory tender for purchase by the company on July 1, 2025. The proceeds will be used to fund a portion of the ongoing construction of the world-class Leer South mine in Barbour County, West Virginia, which is expected to commence longwall production in the third quarter of 2021.
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This month, we saw the Arch Resources, Inc. ( NYSE:ARCH ) up an impressive 42%. Meanwhile over the last three years the...
Moody's Investors Service ("Moody's") downgraded Arch Resources, Inc.'s ("Arch") Corporate Family Rating ("CFR") to B2 from B1 and senior secured ratings to B2 from B1. Moody's expects a challenging conditions for the coal industry will extend into 2021 following a very difficult 2020 driven by the global outbreaks of Coronavirus.
Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources") today announced the pricing of its offering of $135,000,000 aggregate principal amount of 5.25% convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering size was increased from the previously announced offering size of $125,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on November 3, 2020, subject to customary closing conditions. Arch Resources also granted the initial purchasers of the notes an option to purchase up to an additional $20,250,000 principal amount of notes.
Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources") today announced its intention to offer, subject to market and other conditions, $125,000,000 aggregate principal amount of convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Arch Resources also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $18,750,000 principal amount of notes.