Cloud Peak Energy (CLD) Raises IPO Size from $500M to $650M
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Cloud Peak Energy Inc. (NYSE: CLD) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $650 million (up from $500 million previously). The company plans to list on the NYSE under the symbol "CLD".
The offering is being made through Credit Suisse, Morgan Stanley and RBC Capital Markets.
Cloud Peak Energy is the third largest producer of coal in the U.S. and in the Powder River Basin, or PRB, based on 2008 coal production.
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