secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001064728-25-000027
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peabody adjusts conversion rate on 2028 notes due to Q1 dividend
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- Conversion rate on 3.250% Convertible Senior Notes due 2028 increased from 51.0440 to 51.7762 shares/$1,000.
- Adjustment effective February 19, 2025, ex-dividend date for $0.075/share Q1 2025 dividend payable March 11.
- Increase exceeds 1% threshold; if Q1 dividend not paid, rate will revert.
- Dividend declared by board; prior three quarters also $0.075/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000106472825000027/0001064728-25-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000106472825000027/btu-20250307.htm
  HTML page:      https://secwatch.observer/filing/0001064728-25-000027

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