Armstrong Energy announces $200 million offering of secured notes

By Paul A. Harris

Portland, Ore., Nov. 28 - Armstrong Energy, Inc. announced in a Wednesday press release that it intends to issue $200 million of senior secured notes due in 2019 via Rule 144A and Regulation S.

The St. Louis-based company plans to use the proceeds to repay its senior secured credit facility and for general corporate purposes, including capital expenditures and potential reserve acquisitions.

Armstrong Energy is a diversified producer of low-chlorine, high-sulfur thermal coal from the Illinois Basin.

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