September 25, 2017 / 9:31 PM / 10 months ago

BRIEF-Arch Coal reprices and amends credit agreement

Reuters Staff

1 Min Read

Sept 25 (Reuters) - Arch Coal Inc

* Arch Coal Inc announces successful repricing and amendment to credit agreement

* New interest rate for $300 million term loan facility is LIBOR plus 325 basis points, LIBOR floor remains at 1 percent

* Reduction in interest rate is expected to generate annual cash interest savings of more than $2 million Source text for Eikon: Further company coverage:

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