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Fitch: Tighter Self-Bonding Would Hit Distressed US Coal

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NEW YORK--(BUSINESS WIRE)--Tighter self-bonding requirements for distressed coal entities would reduce liquidity and could hasten restructuring, according to Fitch Ratings. We anticipate further restructuring in the coal industry given unsustainably high debt balances over the near term. Notice by the Wyoming Department of Environmental Quality's Land Quality Division (LQD) that the Alpha Natural Resources (ANR) and its operating affiliate, Alpha Coal West, Inc. no longer qualified for the self

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