Walter Energy (WLT) confirms it will not proceed with a refinancing of a portion of its existing...

|About: Walter Energy, Inc. (WLT)|By:, SA News Editor

Walter Energy (WLT) confirms it will not proceed with a refinancing of a portion of its existing debt. WLT says it has no material debt principal payments due until 2015, and it requires no incremental funding at this time; the proposed refinancing would not have raised additional capital. Shares have been halted since earlier this afternoon.