PEABODY ENERGY CORPORATION (OTCMKTS:BTUUQ) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On April11, 2018, Peabody Energy Corporation (the “Company”) amended its Credit Agreement (as previously amended, the “Credit Agreement”) by entering into Amendment No.4 to Credit Agreement (the “Amendment”), by and among the Company, the subsidiaries of the Company party thereto as reaffirming parties, the lenders party thereto and Goldman Sachs Bank USA, as administrative agent.

to the Amendment, the Company, among other things, incurred a new class of term loans (the “New Term Loans”) in an aggregate principal amount equal to $400,000,000 and repaid in full all of the term loans outstanding immediately prior to the Amendment. The New Term Loans were fully drawn on April11, 2018. The New Term Loans bear interest at a fluctuating rate of LIBOR plus 2.75%per annum. The New Term Loans will mature on March31, 2025. In addition to the changes to pricing and maturity, the Amendment, among other things, eliminates the capital expenditure covenant from the Credit Agreement.

The foregoing summary is qualified in its entirety by reference to the text of the Amendment, which is filed as Exhibit10.1 hereto and is incorporated herein by reference.

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PEABODY ENERGY CORP Exhibit
EX-10.1 2 d569829dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 EXECUTION VERSION AMENDMENT NO. 4 TO CREDIT AGREEMENT AMENDMENT NO. 4 TO CREDIT AGREEMENT (this “Amendment No. 4”),…
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About PEABODY ENERGY CORPORATION (OTCMKTS:BTUUQ)

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming. Midwestern U.S. Mining operations reflect the Company’s Illinois and Indiana mining operations. Western U.S. Mining operations reflect the aggregation of the New Mexico, Arizona and Colorado mining operations. Australian Metallurgical Mining operations consist of mines in Queensland and New South Wales, Australia. Australian Thermal Mining operations consist of mines in New South Wales, Australia. Its Trading and Brokerage segment engages in the direct and brokered trading of coal and freight-related contracts through the trading and business offices. Its Corporate and Other includes selling and administrative expenses, and corporate hedging activities.