{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-060320","form_type":"8-K","ticker":"CODQL","cik":"0001770561","company_name":"Coronado Global Resources Inc.","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.648316+00:00","generated_at":"2026-05-19T04:51:50.729001+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Coronado enters new US$150M ABL facility with 15% interest, Oaktree affiliate as lender","bullets":["New senior secured ABL facility of up to US$150M, with Highland Park XII Pte. Ltd. (Oaktree affiliate) as lender.","Borrowings bear interest at 15% p.a.; undrawn amounts incur 9% commitment fee during first year.","Facility matures 3 years after closing; conditions precedent must be satisfied within 30 days.","Proceeds to fund working capital and general corporate purposes; replaces existing facility with HSBC and DBS Bank.","Contains quarterly leverage and interest coverage ratio covenants, plus customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-060320","json":"https://secwatch.observer/filing/0001104659-25-060320.json","markdown":"https://secwatch.observer/filing/0001104659-25-060320.md","text":"https://secwatch.observer/filing/0001104659-25-060320.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770561/000110465925060320/0001104659-25-060320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770561/000110465925060320/tm2518074d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T04:51:50.729001+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a7453a2116c1d9300944471f517f4b28a90e57e2","claim":"Coronado Global Resources Inc. incurred revolving credit of US$150 million with Global Loan Agency Services Australia Pty Ltd, as administrative agent, and Highland Park XII Pte. Ltd., an affiliate of Oaktree Capital Management, L.P., as lender at 15% per annum (with a 9% per annum commitment fee payable on undrawn amounts dur maturing three years after the closing date under the ABL Facility.","evidence_excerpt":"entered into an amendment and restatement of its existing senior secured asset-based revolving credit agreement in an initial aggregate principal amount of US$150 million (the “ABL Facility”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770561/000110465925060320/0001104659-25-060320-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"US$150 million"},{"label":"Counterparty","value":"Global Loan Agency Services Australia Pty Ltd, as administrative agent, and Highland Park XII Pte. Ltd., an affiliate of Oaktree Capital Management, L.P., as lender"},{"label":"Rate","value":"15% per annum (with a 9% per annum commitment fee payable on undrawn amounts dur"},{"label":"Maturity","value":"three years after the closing date under the ABL Facility"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}