IPO News Archive

Coal producer Cloud Peak Energy files for IPO

8/8/08


Cloud Peak Energy, a carve-out of Rio Tinto's western US coal business and the country's second largest producer, filed with the SEC for an IPO on Friday. The carve-out assets generated $1.6 billion in LTM revenues and the company plans to list on the NYSE under the ticker CLD. The parent company will receive all proceeds form the deal, which is set to be managed by Credit Suisse.

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