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Walter Energy, Inc.
NYSETue, Apr 21, 2015 4:03 PM EDT

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BIRMINGHAM, AL--(Marketwired - Apr 15, 2015) - Walter Energy, Inc. (NYSE: WLT), a leading, publicly traded "pure-play" producer of metallurgical ("met") coal for the global steel industry, today said that it is working with its debtholders to establish a capital structure that will position the Company to weather a highly competitive and challenging market. In the context of these discussions, the Company has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.5% Senior Secured Notes due in 2019 and the 8.5% Senior Notes due in 2021 to extend the timeframe for making the cash interest payments due today.

The Company emphasized that this decision does not reflect a current liquidity issue, as it had approximately $435 million of cash and investments as of March 31, 2015. Walter Energy will continue to deliver high quality met coal to customers and meet its other obligations as it works with its debtholders to address the Company's capital structure.

About Walter Energy

Walter Energy is a leading, publicly traded "pure-play" metallurgical coal producer for the global steel industry with strategic access to steel producers in Europe, Asia and South America. The Company also produces thermal coal, anthracite, metallurgical coke and coal bed methane gas. Walter Energy employs approximately 2,700 employees, with operations in the United States, Canada and the United Kingdom. For more information about Walter Energy, please visit www.walterenergy.com.

MFG
Chali  

würd ich mit einem einstieg in die aktie noch warten ,bis der operating cashflow ins positive dreht,kann aber auch früher schon steigen,immerhin 39% vom float sind short !  

die gehen sehr warscheinlich pleite (Chapter11),zu 80% sicher würd ich sagen .....