secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0001193125-24-010305
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000119312524010305/0001193125-24-010305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000119312524010305/d143641d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-010305

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