secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K
Filed at:   2026-06-02T14:17:48+00:00
Accession:  0001193125-26-252668
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-252668

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