TEXT-S&P cuts James River Coal rating to 'SD'
Overview -- U.S.-based coal producer James River Coal Co. announced that it repurchased certain of its outstanding senior and convertible notes on the open market at a discount to face value. -- We have lowered our corporate credit rating on James River to 'SD' (selective default) because we consider the discounted note repurchases constitute a de facto restructuring. -- We have also lowered our rating on the company's 7.875% senior notes due 2019 to 'D' from 'B-', and the rat
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here