Alpha Natural Resources Inc. - 2011-05-19
Description
The company has reported the pricing of its underwritten public offering of $800 million aggregate principal amount of 6% senior notes due 2019 and $700 million aggregate principal amount of 6.25% senior notes due 2021. Alpha estimates the net proceeds from the issuance and sale of the senior notes, after deducting underwriting discounts and estimated offering expenses, will be approximately $1.47 billion.
Morgan Stanley & Co. Incorporated and Citigroup Global Markets Inc. are acting as joint book-running managers in connection with the offering.