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Arch Coal plans to exit bankruptcy; Company will have to set aside collateral to replace self-bonding

机译:Arch Coal计划退出破产;公司将不得不留出抵押品以取代自粘

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摘要

ARCH COAL WILL replace its use of self-bonding and instead set aside collateral to cover future mine cleanup costs as part of its bankruptcy reorganization plan, according to a court filing. Reuters reported that the plan would end Arch's use of self-bonding, a controversial federal exemption that the largest U.S. coal companies have used for decades. Self-bonding exempts companies from posting bonds or other securities to cover the cost of returning mined land to its natural state.
机译:法院文件显示,ARCH COAL将取代其自用债券的使用方式,而是留出抵押品以支付未来的煤矿清理费用,这是其破产重组计划的一部分。据路透社报道,该计划将终止Arch对自粘的使用,这是美国最大的煤炭公司数十年来一直使用的有争议的联邦豁免。自结合使公司免于发行债券或其他证券来支付将已开采的土地恢复为自然状态的成本。

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