Shearman & Sterling represented Banc of America Securities LLC, Morgan Stanley & Co. Incorporated, HSBC Securities (USA) Inc., Citigroup Global Markets Inc. and RBS Securities Inc. as joint book-running managers in connection with a shelf takedown of $650 million aggregate principal amount of 6.500% Senior Notes due 2020 of Peabody Energy Corporation. The notes are guaranteed by certain of Peabody Energy’s domestic subsidiaries.

The following Shearman & Sterling team advised the underwriters in the transactions: partners David J. Beveridge (New York-Capital Markets), Jason R. Lehner (New York-Capital Markets) and Bernie J. Pistillo (New York-Tax); counsels Jason Pratt (New York–Property/Environmental) and Patricia A. Kuhn (New York-Executive Compensation & Employee Benefits); associates Peter A Saad (New York-Capital Markets), Hee Yeon (Iris) Park (New York-Capital Markets), Seth Kerschner (New York-Property/Environmental), and Amy Lewis (New York-Tax); and legal assistant Daniela Ritter (New York-Capital Markets).