---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-010305"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:41:17.225311+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Peabody Energy closes new $320M revolving credit facility through Jan 2028

## Summary
- New $320M revolving credit facility; matures Jan 18, 2028, subject to conditions related to 2028 convertible notes.
- Interest rate: SOFR plus 3.50%-4.25% or base rate plus 2.50%-3.25%, based on total net leverage ratio.
- Facility secured by substantially all US assets and pledge of two Australian subsidiaries.
- Contains customary covenants limiting debt, restricted payments, asset sales, liens, and mergers.

## SEC filing metadata
- accession: 0001193125-24-010305
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000119312524010305/0001193125-24-010305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000119312524010305/d143641d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-010305
- JSON: https://secwatch.observer/filing/0001193125-24-010305.json
- Plain text: https://secwatch.observer/filing/0001193125-24-010305.txt

## Key facts
- Material Agreements
  PEABODY ENERGY CORP entered into Credit Agreement with PNC Bank, National Association, as administrative agent, and the lenders party thereto valued at $320,000,000 (effective 2024-01-18).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association, as administrative agent, and the lenders party thereto
  - Value: $320,000,000
  - Effective: 2024-01-18
  source text: Peabody Energy Corporation (the “Company”) established a new revolving credit facility with a maximum aggregate principal amount of $320,000,000 in revolving commitments by entering into that certain Credit Agreement, dated as of January 18, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1064728/000119312524010305/0001193125-24-010305-index.htm

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