secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K
Filed at:   2026-05-28T10:59:56+00:00
Accession:  0001193125-26-242965
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000119312526242965/0001193125-26-242965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000119312526242965/d146699d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-242965

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