Arch Coal Announces Pricing of $375 Million Senior Notes Offering

      Arch Coal Announces Pricing of $375 Million Senior Notes Offering

PR Newswire

ST. LOUIS, Nov. 14, 2012

ST. LOUIS, Nov. 14, 2012 /PRNewswire/ --Arch Coal, Inc. (NYSE:ACI) today
announced the pricing of $375 million aggregate principal amount of its 9.875%
senior notes due 2019 at an issue price of 95.934% of principal amount,
resulting in a yield to maturity of 10.75%. Due to strong investor demand,
the offering was upsized to $375 million from the previously announced $350
million. Arch will pay interest on the notes on June 15 and December 15 of
each year, beginning on June 15, 2013. The notes will be guaranteed by Arch's
subsidiaries that guarantee indebtedness under Arch's senior secured credit
facility.

(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO)

The notes will be offered only to qualified institutional buyers in reliance
on Rule 144A under the Securities Act of 1933, as amended (the "Securities
Act"), and to non-U.S. persons in transactions outside the United States in
reliance on Regulation S under the Securities Act. The offering is subject to
market and other conditions. Arch intends to use the net proceeds from the
offering for general corporate purposes.

This press release is being issued pursuant to Rule 135c under the Securities
Act, and is neither an offer to sell nor a solicitation of an offer to sell or
a solicitation of an offer to buy any securities. The notes have not been
registered under the Securities Act or any state securities laws and may not
be offered or sold in the United States absent registration or applicable
exemption from registration requirements.

U.S.-based Arch Coal is a top five global coal producer and marketer. Arch is
the most diversified American coal company, with mining complexes across every
major U.S. coal supply basin. Its core business is supplying cleaner-burning,
low-sulfur thermal and metallurgical coal to power generators and steel
manufacturers on five continents.

Forward-Looking Statements: This press release contains "forward-looking
statements" — that is, statements related to future, not past, events. In
this context, forward-looking statements often address our expected future
business and financial performance, and often contain words such as "expects,"
"anticipates," "intends," "plans," "believes," "seeks," or "will."
Forward-looking statements by their nature address matters that are, to
different degrees, uncertain. For us, particular uncertainties arise from
changes in the demand for our coal by the domestic electric generation
industry; from legislation and regulations relating to the Clean Air Act and
other environmental initiatives; from operational, geological, permit, labor
and weather-related factors; from fluctuations in the amount of cash we
generate from operations; from future integration of acquired businesses; and
from numerous other matters of national, regional and global scale, including
those of a political, economic, business, competitive or regulatory nature.
These uncertainties may cause our actual future results to be materially
different than those expressed in our forward-looking statements. We do not
undertake to update our forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by law.
For a description of some of the risks and uncertainties that may affect our
future results, you should see the risk factors described from time to time in
the reports we file with the Securities and Exchange Commission.



SOURCE Arch Coal, Inc.

Website: http://www.archcoal.com
Contact: Investors, Jennifer Beatty, +1-314-994-2781
 
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