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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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Ratings downgrade as U.S. coal company Bowie Resource Partners faces ‘liquidity shortfall’

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S&P Global Market Intelligence ($): Bowie Resource Partners LLC could face a liquidity shortfall in the next year if it fails to extend its revolving credit facility, S&P Global Ratings said in a downgrade of the U.S. coal producer. The company’s liquidity may be insufficient to cover its revolver due in August and mandatory amortizations, […]

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