---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-242965"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2026-05-28T10:59:56+00:00"
generated_at: "2026-05-28T11:07:12.399592+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Peabody announces $225M convertible note offering due 2031; proceeds to repurchase 2028 notes

## Summary
- $225M principal of convertible notes due 2031; initial purchasers can buy up to $25M additional.
- Proceeds to fund capped call transactions and repurchase portion of outstanding 3.250% 2028 notes.
- Interest rate and conversion price set at pricing; notes are senior unsecured with semi-annual interest.
- Capped call transactions designed to reduce dilution from conversion prior to May 30, 2030.
- Offer is private to QIBs under Rule 144A; notes and conversion shares not registered under Securities Act.

## SEC filing metadata
- accession: 0001193125-26-242965
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2026-05-28T10:59:56+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000119312526242965/0001193125-26-242965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000119312526242965/d146699d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-242965
- JSON: https://secwatch.observer/filing/0001193125-26-242965.json
- Plain text: https://secwatch.observer/filing/0001193125-26-242965.txt

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