Patriot Coal (PCX) says it has entered into a commitment letter for a new revolving credit...

|About: Patriot Coal Corp. (PCXCQ)|By:, SA News Editor

Patriot Coal (PCX) says it has entered into a commitment letter for a new revolving credit facility and new term loan facility for a total of $625M. Shares had collapsed -34.5% before the announcement; trading now halted.