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The Firm represented Arch Coal, Inc. (NYSE: ACI) in connection with its Rule 144A offering of $2.0 billion of senior notes, consisting of $1.0 billion of 7.000% senior notes due 2019 and $1.0 billion of 7.250% senior notes due 2021.  The senior notes are guaranteed by Arch’s subsidiaries that also guarantee indebtedness under its senior secured credit facility.

Arch Coal, one of the world’s largest private sector producers of steam and metallurgical coal, used the net proceeds of the senior notes offering to finance a portion of the $3.4 billion purchase price for its recently completed acquisition of International Coal Group, Inc.  After giving effect to the acquisition, Arch Coal represents 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).  Paralegals Alexandra Leavy and Matthew Glasser also provided valuable assistance.