Inform
Cloud Peak files for Chapter 11 bankruptcy
This report is currently unavailable
Report summary
On 10 May 2019, Cloud Peak Energy Inc. (CLDP; Cloud Peak) announced that it voluntarily filed for Chapter 11 bankruptcy protection. Cloud Peak plans to sell all of its assets, stating that liquidation will “provide the best opportunity to maximize value.” Cloud peak plans to remain fully-operational during its ongoing sale process, partially in thanks to the US$35 million in debtor-in-possession (DIP) financing it received from creditors. This financing will allow the company to maintain enough liquidity to meet its operational obligations while engaged in Chapter 11 proceedings.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Griffon (Closed) gold mine
A detailed analysis of the Griffon (Closed) gold mine.
$2,250
Asset Report
Kinsley Mountain (Closed) gold mine
A detailed analysis of the Kinsley Mountain (Closed) gold mine.
$2,250
Asset Report
Tacoma aluminium smelter
A detailed analysis of the Tacoma aluminium smelter.
$2,250