secwatch.observer — SEC 8-K summary
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Issuer:     Ramaco Resources, Inc. (METC)
CIK:        0001687187
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001104659-23-023152
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ramaco upsizes credit facility to $175M, extends maturity to 2026
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- Total facility increased from $40M to $125M revolver plus $50M accordion feature.
- Maturity extended to February 15, 2026.
- Drew $25M at closing to prepay higher-interest purchase notes and for working capital.
- KeyBank lead arranger; syndicate includes Cadence Bank and three other banks.
- CEO cites enhanced liquidity for export growth and debt reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687187/000110465923023152/0001104659-23-023152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687187/000110465923023152/tm2224419d13_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-023152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer