News & Events

The Firm represented Arch Coal, Inc. in connection with a public offering of 48.0 million shares of its common stock, for an aggregate public offering price of approximately $1.3 billion.  Arch Coal’s common stock is listed on the New York Stock Exchange under the symbol “ACI.”

Arch Coal, already one of the world’s largest private sector producers of steam and metallurgical coal, plans to use the net proceeds of the common stock offering to finance a portion of the $3.4 billion purchase price for its previously announced acquisition of International Coal Group, Inc.  Upon consummation of the acquisition, Arch Coal will represent the second largest publicly traded coal producer in the United States based on pro forma 2010 sales of approximately 179 million tons of coal.

The Simpson Thacher team for the offering included, among others, Edgar Lewandowski, Emily Ho and Josephine Djekovic (Capital Markets), Steven Todrys and Danny Salinas (Tax), Michael Isby (Environmental), Alvin Brown and Craig Katerberg (Executive Compensation and Employee Benefits) and Meryl Rosen (Intellectual Property).