Westmoreland Issues $125 Million of Senior Secured Notes Due 2018
Westmoreland Coal Company (Nasdaq: WLB) and certain of its subsidiaries announced today the closing of its offering of $125.0 million aggregate principal amount of Senior Secured Notes due 2018 in a private placement. The Notes are additional notes to the already outstanding $150 million principal amount of existing 10.75% Senior Secured Notes due 2018.
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