Coronado prices $400M 9.250% senior secured notes due 2029; proceeds to refinance higher-coupon 2026 notes

Coronado Global Resources Inc.

Priced $400M aggregate principal of 9.250% Senior Secured Notes due 2029; issued at par and oversubscribed.
Proceeds to redeem all outstanding 10.750% Senior Secured Notes due 2026, reducing coupon by 150 bps.
Notes guaranteed on a senior secured basis by Coronado and certain subsidiaries; secured by first/second-priority liens.
Expected closing date October 2, 2024, subject to customary conditions.
Net proceeds also for general corporate purposes after redemption costs.

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