Alpha Natural Resources Announces Public Offering of $1.5B Senior Notes

Alpha Natural Resources, Inc. ANR today announced that it intends to offer approximately $1.5 billion aggregate principal amount of its senior notes. The notes will be guaranteed on a senior unsecured basis by certain of Alpha's subsidiaries. The offering is subject to market and other conditions, including the consummation of the proposed acquisition of Massey Energy Company by Alpha. Alpha intends to use the net proceeds to partially fund Alpha's acquisition of Massey and repay some of Alpha's and Massey's outstanding indebtedness