secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K/A
Filed at:   2024-11-29T23:59:59+00:00
Accession:  0001193125-24-268139
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peabody to acquire Anglo American Australian met coal assets for up to $3.775B
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- Up to $3.775B total consideration: $2.05B upfront cash, $725M fixed deferred payments over 4 years, up to $1B contingent payments.
- Peabody plans to sell Dawson assets (included in deal) to BUMA for ~$455M upon closing of the SMC acquisition.
- Bridge loan facility of up to $2.075B committed; interest at Term SOFR + 8.00% (increases 0.75% after 90 days).
- Closing expected in H1 2025, subject to regulatory approvals, pre-emptive rights processes, and customary conditions.
- Revolving credit facility amended to permit the acquisition and related financings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000119312524268139/0001193125-24-268139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000119312524268139/d31504d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-268139

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