Remove Bankruptcy Remove Debt Remove Missouri
article thumbnail

World's 2nd Largest Private Coal Mining Company Files Chapter 11

Construction Equipment

Peabody Energy, the world's largest private-sector coal producer, has filed for bankruptcy protection in United States Bankruptcy Court for the Eastern District of Missouri. billion in debts and $11 billion in assets, including ownership interest in 26 active mines in the U.S. The company listed $10.1 and Australia.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.

Income 75