SunCoke Energy Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
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| Item 1.01. | Entry into a Material Definitive Agreement. |
Amendment to Revolving Credit Facility
On July 25, 2025, SunCoke Energy, Inc. (the “Company”) amended its existing revolving credit facility, which is agented by Bank of America, N.A. (as so amended, the “new revolving credit facility”). The new revolving credit facility, among other things: (i) extends the maturity of the revolving credit facility to July 2030 (subject to a springing maturity tied to the Company’s 2021 senior notes) and (ii) decreases the revolving credit commitments thereunder to $325 million. The new revolving credit facility is secured by liens on substantially all of the assets of the Company and the subsidiary guarantors.
The covenants in the new revolving credit facility, among other things, limit the ability of the Company and its restricted subsidiaries to: (i) incur indebtedness, (ii) pay dividends or make other distributions, (iii) prepay, redeem or repurchase certain debt, (iv) make loans and investments, (v) sell assets, (vi) incur liens, (vii) enter into transactions with affiliates and (viii) consolidate or merge.
The foregoing description of the new revolving credit facility does not purport to be complete and is qualified in its entirety by the full text of the fourth amendment, a copy of which is filed as Exhibit 4.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 2.03. | Creation of a Direct Financial Obligation. |
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. |
Description | |
| 4.1 | Fourth Amendment to Second Amended and Restated Credit Agreement, dated July 25, 2025, by and among SunCoke Energy, Inc., the subsidiary guarantors party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
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SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SUNCOKE ENERGY, INC. | ||
| By: | /s/ Mark W. Marinko | |
| Mark W. Marinko | ||
| Senior Vice President and | ||
| Chief Financial Officer | ||
Date: July 29, 2025
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