Warrior Met Coal Declares Special Cash Dividend
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Posted On: 04/04/2018 12:23:44 PM
Warrior Met Coal Declares Special Cash Dividend
Tue April 3, 2018 4:01 PM|Business Wire|About: HCC
BROOKWOOD, Ala.--(BUSINESS WIRE)
Warrior Met Coal, Inc. (“Warrior”) (NYSE: HCC) today announced that its board of directors has declared a special cash dividend (the “Special Dividend”) of approximately $6.53 per share of Warrior’s common stock, par value $0.01 per share. The Special Dividend, totaling an aggregate payment of $350 million, will be paid on April 20, 2018, to stockholders of record as of the close of business on April 13, 2018. The Special Dividend will be funded through cash on hand, together with the net proceeds of Warrior’s previously announced offering of $125 million 8.00% Senior Secured Notes due 2024.
Tue April 3, 2018 4:01 PM|Business Wire|About: HCC
BROOKWOOD, Ala.--(BUSINESS WIRE)
Warrior Met Coal, Inc. (“Warrior”) (NYSE: HCC) today announced that its board of directors has declared a special cash dividend (the “Special Dividend”) of approximately $6.53 per share of Warrior’s common stock, par value $0.01 per share. The Special Dividend, totaling an aggregate payment of $350 million, will be paid on April 20, 2018, to stockholders of record as of the close of business on April 13, 2018. The Special Dividend will be funded through cash on hand, together with the net proceeds of Warrior’s previously announced offering of $125 million 8.00% Senior Secured Notes due 2024.
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