Patriot Coal (PCX) To Offer 12M Shares
More News related to PCX
- Patriot Coal CEO to Speak at Davenport Metals & Mining Conference
- U.S. Department of Interior Honors Patriot With Good Neighbor Award
- Unusual 11 Mid-Day Movers 10/27: HPGP, CTDC, HLND, UCTT Higher; AMFI, CRI, SGMS, IBCP Lower
- Patriot Coal (PCX) Reports Q3 EPS of $0.58
- Patriot Coal Announces Results for the Quarter Ended September 30, 2009
More News related to Equity Offerings
- Windstream (WIN) Closes Acquisition of D&E Communications, Deal Valued at $333M
- Northrop Grumman (NOC) Receives $58M Delivery Order for C-RAM Systems Integration
- Kenexa (KNXA) Opens New Office in Buenos Aires, Argentina
- Mad Catz Interactive (MCZ) Opens Office in Barcelona, Spain
- Ericsson (ERIC) Selected as Exclusive Supplier to MTS Allstream for High Speed Network
Patriot Coal Corporation (NYSE: PCX) plans to offer approximately 12.0 million shares of its common stock in a registered public offering. The Company also expects to grant the managing underwriters a 30-day option to purchase up to an additional 1.8 million shares to cover any over-allotments.
The Company intends to use the net proceeds from this offering to repay the outstanding balance on its revolving credit facility and for general corporate purposes.
Related Categories
Equity OfferingsStocks Mentioned
-0.51Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
