July 22, 2017 2:18 AM ET

Distributors

Company Overview of Arch Coal Sales Company, Inc.

Company Overview

Arch Coal Sales Company, Inc. markets and distributes coal. Arch Coal Sales Company, Inc. was founded in 1984 and is based in St. Louis, Missouri. Arch Coal Sales Company, Inc. operates as a subsidiary of Arch Coal Inc.

One CityPlace Drive

Suite 300

St. Louis, MO 63141

United States

Founded in 1984

Phone:

314-994-2700

Fax:

314-994-2719

Key Executives for Arch Coal Sales Company, Inc.

President and Senior Vice President of Marketing & Trding for Arch Coal Inc
Age: 61
President of Arch Coal Inc and Chief Operating Officer of Arch Coal Inc
Age: 59
Senior Vice President
Senior Vice President of Metallurgical and International Thermal Coal
Vice President of International Metallurgical Coal Sales - Europe
Compensation as of Fiscal Year 2017.

Arch Coal Sales Company, Inc. Key Developments

Fourth Amended Reorganization Plan Approved for Arch Coal Inc.

The US Bankruptcy Court approved the fourth amended plan of reorganization of Arch Coal Inc. on September 13, 2016. As per the approved plan, administrative expense claims of $264 million, priority tax claims of $22.3 million, professional fee claims and DIP facility claims of $275 million shall be paid in full in cash. Other priority claims of $0.7 million, contingent securitization obligations of $178 million and other secured claims of $41.47 million shall receive cash in full satisfaction. First Lien Credit Facility secured claims of $1.89 billion shall receive total cash payment equal to the greater of $144.80 million less the amount of the adequate protection payments and $30 million; $326.5 million in principal amount of New First Lien Debt; and 94% of the new common stock. General unsecured claims of $394 million shall receive a recovery of 1.9 % and shall be paid in cash. Unsecured Funded Debt Claim of Unsecured Funded Debt claims of $4.46 billion shall receive ratable share of cash, new warrants and new common stock. Section 510(b) Claims shall neither receive any distributions nor retain any property on account thereof pursuant to the Plan. All Section 510(b) Claims shall be canceled and extinguished. The holders of Interests in Arch Coal shall neither receive any distributions nor retain any property on account thereof pursuant to the Plan. All Interests in Arch Coal shall be canceled and extinguished. The Interests in the Subsidiary Debtors shall be, in Reorganized Arch Coal’s sole discretion, Reinstated or canceled on the Effective Date or as soon thereafter as reasonably practicable. The plan shall be funded from debtor’s cash in hand, new first lien debt and from issuance of new common stock.

Fourth Amended Reorganization Plan Filed by Arch Coal Inc.

Arch Coal Inc., along with its affiliates, filed a fourth amended joint plan of reorganization in the US Bankruptcy Court on September 11, 2016. Treatment of all the classes of claims remain same as per the previous plan.

Third Amended Joint Reorganization Plan and Disclosure Statement Filed by Arch Coal Inc.

Arch Coal Inc., along with its affiliates, filed a third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on July 6, 2016. As per the amended plan filed, First Lien Credit Facility secured claims of $1.89 billion shall receive total cash payment equal to the greater of $144.80 million less the amount of the adequate protection payments and $30 million; $326.5 million in principal amount of New First Lien Debt; and 94% of the new common stock. Unsecured Funded Debt claims of $4.46 billion shall receive ratable share of $22.636 million in cash, new warrants or $25 million in cash, and new common stock. General unsecured claims of $394 million shall receive its ratable share of the GUC cash distribution with recovery of 1.9%. No other changes were made in the treatment of other claim classes.

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