Arch Coal Inc 7% of 06/15/2019

Arch Coal Inc. is a corporate bond that matures on June 15, 2019. It is rated B3 by Moody’s and B- by Standard and Poor’s. The CUSIP number is 039380AE0. The recent bond price was $937.00. The bond gives $70 for a 1,000 bond. That is a yield of 7.47%. The bond has about 5 years and ¾ to maturity. At this price that is about $402.50 plus $63.00 appreciation or $465.50 for a $937.00 investment.
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U.S.-based Arch Coal is one of the world's largest coal producers and marketers, with 141 million tons of coal sold in 2012. The core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents.
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Arch is the most diversified American coal company with mining complexes across every major U.S. coal supply basin. In total, they represent 15% of America’s coal supply from their mining complexes in Wyoming, Utah, Colorado, Illinois, West Virginia, Kentucky, Virginia and Maryland.
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They control a vast domestic reserve base of more than 5 billion tons.

Arch Coal holds the most diversified position among U.S. coal producers, allowing them to serve customers from every major coal supply region.

Arch Coal stock is traded on the New York Stock Exchange under the ticker symbol ACI.