Murray Energy $1.26 billion 11.25% notes issue

9/4/2015

High-yield bond/note issue

Value:

$ 1.26 billion

Status:

Completed

Date:

9/4/2015

Overview:

Murray Energy issued $1.26 billion of 11.25% senior secured notes due 2021.
The notes were high-yield and were guaranteed by Murray Energy Holdings.
The company used the proceeds from these notes to finance the acquisition of interests in Foresight Energy.

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Energy

Firm:

Kirkland & Ellis

Party: Murray Energy Corporation (Issuer)

Lawyer: Christian Nagler

Related deals