---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-027015"
form_type: "8-K"
ticker: null
cik: "0001575051"
company_name: "Sisecam Resources LP"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:59:47.923321+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sisecam Resources acquired for $25.00/unit; common units delisted from NYSE

## Summary
- Merger closed May 26, 2023: each common unit (not held by SCR) converted to $25.00 cash.
- SCR entered a $110M term loan facility to finance the merger; matures October 15, 2026.
- Common units suspended from NYSE trading; Partnership to file Form 15 to end SEC reporting.
- Partnership becomes a private, wholly-owned subsidiary of SCW and SCR.
- Bank of America served as SCR's financial advisor; Evercore advised the Conflicts Committee.

## SEC filing metadata
- accession: 0001140361-23-027015
- form_type: 8-K
- cik: 0001575051
- company_name: Sisecam Resources LP
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.01, 3.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575051/000114036123027015/0001140361-23-027015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575051/000114036123027015/brhc20053556_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-027015
- JSON: https://secwatch.observer/filing/0001140361-23-027015.json
- Plain text: https://secwatch.observer/filing/0001140361-23-027015.txt

## Key facts
- M&A Transactions
  Sisecam Resources LP underwent a change of control involving Sisecam Chemicals Wyoming LLC and Sisecam Chemicals Newco LLC for $25.00 per Common Unit in cash (closed 2023-05-26).
  - Action: change of control
  - Counterparty: Sisecam Chemicals Wyoming LLC and Sisecam Chemicals Newco LLC
  - Consideration: $25.00 per Common Unit in cash
  - Closing: 2023-05-26
  source text: such date below: Scheduled Term Loan Repayment Date Amortization December 31, 2023 $ 30,000,000.00 December 31, 2024 $ 30,000,000.00 December 31, 2025 $ 30,000,000.00 October 25, 2026 $ 20,000,000.00 Net proceeds from the Term Loan Facility were used, among other things, to finance the Merger, including the payment of the Merger Consideration (as defined
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575051/000114036123027015/0001140361-23-027015-index.htm
- Material Agreements
  Sisecam Resources LP entered into Term Loan Facility with Alter Domus (US) LLC, Deutsche Bank AG New York Branch, Societe Generale, and several other banks, financial institutions, institutional investors and other entities valued at $110 million term loan facility, matures October 15, 2026; interest rate options: Base Rate Loan (hi (effective 2023-05-26).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Alter Domus (US) LLC, Deutsche Bank AG New York Branch, Societe Generale, and several other banks, financial institutions, institutional investors and other entities
  - Value: $110 million term loan facility, matures October 15, 2026; interest rate options: Base Rate Loan (hi
  - Effective: 2023-05-26
  source text: On the Closing Date, SCR entered into a $110 million term loan facility (the “ Term Loan Facility ”) with (i) each of SCR’s subsidiaries (including the Partnership and each of the Partnership’s subsidiaries, other than Sisecam Wyoming LLC (“ SWY ”) and SWY’s subsidiaries), as guarantor (the “ Guarantors ”), (ii) Alter Domus (US) LLC, as administrative agent, (iii) Deutsche Bank AG New York Branch and Societe Generale, as joint lead arrangers and joint book runners, and (iv) several other banks, financial institutions, institutional investors and other entities party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575051/000114036123027015/0001140361-23-027015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.