Peabody(BTU) - 2024 Q1 - Quarterly Report

Table of Contents As of March 31, 2024, the if-converted value of the 2028 Convertible Notes exceeded the principal amount by $76.3 million. As of March 31, 2024, the 2024 Credit Agreement had only been utilized for letters of credit, including $99.0 million outstanding as of March 31, 2024. These letters of credit support the Company's reclamation bonding requirements, lease obligations, insurance policies and various other performance guarantees as further described in Note 12. "Financial Instruments and ...