On January 11, 2016, Arch Coal announced that it reached an
agreement with the majority of its senior lenders on the terms of a
financial restructuring that is expected to eliminate more than $4.5
billion in debt from Arch’s balance sheet and position the company
for long-term financial success. To facilitate this financial
restructuring, Arch elected to file for reorganization under Chapter
11 of the Bankruptcy Code.
Our mining operations and customer shipments will continue in the ordinary course throughout this
court-supervised process.
Arch continues to be one of the strongest competitors in the industry – supported by our large-scale
and low-cost operations. The court-supervised process will allow us
to continue to operate in the ordinary course. We fully expect to
continue to pay our employees, suppliers and vendors and to deliver
exceptional customer service, while we strengthen our position as a
leading miner and marketer of coal.
Additional information, including press releases, letters, and frequently asked questions
(FAQs) for employees, retirees, suppliers, lessors and investors are
available on this site, and can be accessed using the tabs below.
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