secwatch.observer — SEC 8-K summary
======================================

Issuer:     Coronado Global Resources Inc. (CODQL)
CIK:        0001770561
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001104659-25-102666
Event type: debt
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coronado enters non-binding term sheet with Stanwell for US$265M facility and coal supply extension to 2043
--------------------------------------------------------------------------------

- US$265M, 5-year facility at 9-12% interest from Stanwell replaces existing Oaktree loan; covenant flexibility.
- New Coal Supply Agreement end date extended from 2037 to 2043; nomination range widened to 1.2-2.24M tonnes/year.
- Stanwell waives ACSA rebate payments from 2026; ongoing prepayment support when cash balance below US$250M.
- Dividend restrictions: require at least US$300M liquidity post-dividend and reduction of prepayment balance.
- Transaction non-binding, subject to due diligence and approvals expected in November.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925102666/0001104659-25-102666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925102666/tm2529515d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-102666

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