Bloomberg reported, citing two people with knowledge of the matter, that Bank of America has resigned as agent for Arch Coal’s lenders as some of them seek to block two debt exchanges intended to help the miner survive the commodities slump.

Bloomberg said Bank of America is removing itself from potential feuds involving Arch Coal, the senior lenders and lower-ranking bondholders, who would benefit by swapping their junior debt for secured obligations.

Bloomberg noted the exchanges are intended to ease the company’s $5.1 billion debt burden after a plunge in coal prices.

Access the full Bloomberg report here.