secwatch.observer — SEC 8-K summary
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Issuer:     Coronado Global Resources Inc. (CODQL)
CIK:        0001770561
Form:       8-K
Filed at:   2025-11-28T23:59:59+00:00
Accession:  0001104659-25-116582
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coronado enters AUD$406.6M ABL facility with Stanwell; amends coal supply pacts
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- ABL facility: AUD$406.6M (US$265M), replaces Oaktree facility, 9% interest (up to 12%), 5-year maturity.
- Stanwell prepayments triggered when monthly liquidity < US$200M; deferred amounts bear 7.5% interest.
- Coal supply amendment extends NCSA term to 2043; waives rebates from Jan 2026 to end of ACSA (~1H 2027).
- Prepayment/Deferred balances settled via coal deliveries when liquidity > US$300M; dividends require US$300M min liquidity.
- Ex-99.1 confirms no material changes from 28 Oct 2025 disclosure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925116582/0001104659-25-116582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770561/000110465925116582/tm2532291d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-116582

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