COMPANIES

Foresight looks back on good week

US coal producer Foresight Energy stood out among its North American counterparts over the past seven days with an impressive 47% gain in market value, partly on the back of a restructure that will address the company’s impending debt obligations.

Hilary Clinton is trying to make friends with people in coal country

Hilary Clinton is trying to make friends with people in coal country

Foresight is down 66% for the year. The restructure will see the cash purchase of up to US$105.4 million of senior notes maturing in 2021; along with an offer to exchange remaining senior notes not held...

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