Bowie Resource Partners To Refinance Existing Indebtedness As Part Of Financing For Peabody Transaction

LOUISVILLE, KY, December 14, 2015 – Bowie Resource Partners, LLC (“BRP”) announced today that it intends to refinance its existing indebtedness as part of the financing for the previously announced acquisition of the El Segundo and Lee Ranch mining complexes in New Mexico and the Twentymile mining complex in Colorado from Peabody Energy Corporation (“Peabody”). BRP intends to launch the financing at the beginning of the first quarter of 2016. The acquisition and related financing are also expected to close in the first quarter of 2016.

Deutsche Bank Securities Inc. is acting as Lead Arranger and Administrative Agent and Citigroup Global Markets Inc. is acting as Joint Lead Arranger on the financing.

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