debt
confidence high
sentiment neutral
materiality 0.50
Warrior Met Coal prices $350M 7.875% senior secured notes due 2028 to redeem 8% notes due 2024
WARRIOR MET COAL, INC.
- Priced $350M aggregate principal of 7.875% senior secured notes due 2028.
- Net proceeds plus cash will fund redemption of all outstanding 8.00% senior secured notes due 2024.
- Offering expected to close Dec 6, 2021, subject to customary conditions and ABL Facility.
- Notes offered only to QIBs under Rule 144A and non-U.S. persons under Regulation S.