{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-126610","form_type":"8-K","ticker":"METC","cik":"0001687187","company_name":"Ramaco Resources, Inc.","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.145820+00:00","generated_at":"2026-05-16T12:00:06.381559+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ramaco Resources upsizes revolving credit facility to $500M, extends maturity to 2030","bullets":["New $350M revolving credit facility plus $150M accordion; previous facility had $200M + $75M.","Maturity extended to December 30, 2030 from 2029.","Interest at SOFR+2.50% or base+2.00%; financial covenant requires fixed charge coverage ratio ≥1.10:1.00 when availability <12.5%.","CEO states enhanced flexibility supports coal, capital returns, and rare earth development; cumulative capital market transactions ~$1B since August 2025.","KeyBank serves as administrative agent; syndicate includes Truist, Morgan Stanley, Goldman Sachs, others."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-126610","json":"https://secwatch.observer/filing/0001213900-25-126610.json","markdown":"https://secwatch.observer/filing/0001213900-25-126610.md","text":"https://secwatch.observer/filing/0001213900-25-126610.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1687187/000121390025126610/0001213900-25-126610-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1687187/000121390025126610/ea0271200-8k_ramaco.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:00:06.381559+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"97b744046f65a3d4f1fdc06d3eb8cd11b88bc6fd","claim":"Ramaco Resources, Inc. amended revolving credit of $350,000,000 with KeyBank National Association at SOFR plus an applicable margin of 2.50% per annum maturing December 30, 2030.","evidence_excerpt":"The Third A&R Credit Agreement provides for an asset-based revolving credit facility with an initial aggregate revolving commitment of $350,000,000 (the “Credit Facility”), which may be increased pursuant to an incremental “accordion” feature of $150,000,000, in each case subject to the terms and conditions set forth therein. The Credit Facility matures on the earlier of December 30, 2030 and the date that is 180 days prior to the earliest maturity or mandatory redemption date of any Permitted Convertible Indebtedness (as defined in the Third A&R Credit Agreement), or such earlier date as the facility may be terminated pursuant to its terms. Borrowings under the Credit Facility are limited to the lesser of the aggregate revolving commitments and the borrowing base calculated under the Third A&R Credit Agreement. The Credit Facility includes a $10,000,000 sublimit for letters of credit, subject to customary issuance conditions and expiration provisions. Loans under the Credit Facility i","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687187/000121390025126610/0001213900-25-126610-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$350,000,000"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Rate","value":"SOFR plus an applicable margin of 2.50% per annum"},{"label":"Maturity","value":"December 30, 2030"},{"label":"Event","value":"amendment"}]},{"claim_id":"89e2cbed5300b5e938d5c44f815302876c31daf9","claim":"Ramaco Resources, Inc. entered into Third Amended and Restated Credit and Security Agreement with KeyBank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer valued at $350,000,000 (effective 2025-12-30).","evidence_excerpt":"On December 30, 2025, Ramaco Resources, Inc. (the “Company”) entered into a Third Amended and Restated Credit and Security Agreement (the “Third A&R Credit Agreement”) with KeyBank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer (the “Agent”),","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687187/000121390025126610/0001213900-25-126610-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"KeyBank National Association, as administrative agent, collateral agent, lender, swing line lender and issuer"},{"label":"Value","value":"$350,000,000"},{"label":"Effective","value":"2025-12-30"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}