The Turnaround Square: Murray Energy Holdings Co.

Join the team of professionals who helped save the largest privately owned coal company in the U.S., Murray Energy Holdings Co. In one of the most complex cases of 2020, Murray shed much of its $2.7 billion in funded debt and ~$8 billion in actual or potential legacy liabilities, providing its go-forward operations with a sustainable capital and cost structure. Most importantly, the business continues to employ more than 4,000 employees, including more than 2,500 union miners. Murray and its key stakeholders came together to reach consensual resolutions and save the business.

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