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	<title>Sightline InstitutePeabody Energy on Bankruptcy Watch - Sightline Institute</title>
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		<title>Peabody Energy on Bankruptcy Watch</title>
		<link><![CDATA[https://www.sightline.org/2016/03/17/peabody-energy-on-bankruptcy-watch/]]></link>
		<pubDate>Thu, 17 Mar 2016 16:30:17 +0000</pubDate>
		<description><![CDATA[Key partner at Bellingham coal terminal teeters on brink of insolvency. | The market is pounding yet another nail into King Coal&#8217;s coffin. Peabody Energy, which touts itself as the world&#8217;s largest private sector coal company, announced yesterday morning that it is teetering on the brink of bankruptcy. The company skipped two bond payments totaling $71 million, triggering a 30-day grace period before the company goes into default. And in its annual &#8220;10-K&#8221; form submitted to US Securities and Exchange Commission, Peabody gave a brutal assessment...]]></description>
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