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Consol Energy's thermal coal unit files for IPO

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World Coal,

CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, has filed for an initial public offering with U.S. regulators.

The fundraising target of the filing is a nominal US$250 million.

The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

Edited from source by Joseph Green

Source: Reuters 

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