---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-252668"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2026-06-02T14:17:48+00:00"
generated_at: "2026-06-02T14:19:31.525277+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes

## Summary
- Issued $250M of 0.50% convertible senior notes due 2031; net proceeds ~$243.3M.
- Used ~$16.7M for capped call transactions to reduce dilution; initial conversion price ~$38.32/share, 32.5% premium.
- Repurchased $241.2M of existing 3.25% notes due 2028 for total cash ~$388.8M, partly funded with available cash.
- Capped call transactions have cap price of $50.6095 per share, expiring from April 17, 2030.

## SEC filing metadata
- accession: 0001193125-26-252668
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2026-06-02T14:17:48+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-252668
- JSON: https://secwatch.observer/filing/0001193125-26-252668.json
- Plain text: https://secwatch.observer/filing/0001193125-26-252668.txt

## Source-grounded claims
- claim_id: 7491c91832c564345bc67ea44024956012403c4f
  claim: PEABODY ENERGY CORP incurred convertible notes of $250 million with initial purchasers at 0.50% per year maturing June 1, 2031.
  evidence_excerpt: additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were
  evidence_url: https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm
- claim_id: e5bf68a9a8c1bbb569ecaead3608600aa7a14d0a
  claim: PEABODY ENERGY CORP entered into Indenture with Wilmington Trust, National Association valued at $250 million (effective 2026-06-02).
  evidence_excerpt: Convertible Notes and the Indenture On May 28, 2026, Peabody Energy Corporation (the “Company” or “Peabody”) priced its private offering of $225 million in aggregate principal amount of 0.50% Convertible Senior Notes due 2031 (the “Initial Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm

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