Business Context and Reporting Period
This Form 8-K was filed by SunCoke Energy, Inc. on January 8, 2013. The report primarily addresses the status of the proposed initial public offering (IPO) of common units representing limited partner interests in SunCoke Energy Partners, L.P., a wholly-owned subsidiary of the Company.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a disclosure vehicle for financial information contained in a separate exhibit (Exhibit 99.1, the "Partnership S-1 Excerpt") rather than reporting consolidated financial results directly within the text of this 8-K.
Material Changes and Events
- Registration Statement Amendment: On January 8, 2013, the Partnership filed Amendment No. 9 to its Registration Statement on Form S-1 (File No. 333-183162) originally filed on August 8, 2012.
- Asset Contribution Plan: The Company plans to contribute a portion of its Haverhill Coke Company LLC facility (Franklin Furnace, Ohio) and Middletown Coke Company, LLC facility (Middletown, Ohio) to the Partnership upon the closing of the Offering.
- Press Releases: The Company issued three press releases on January 8, 2013, which are attached as Exhibits 99.2, 99.3, and 99.4.
Guidance, Outlook, and Risks
Offering Status: The Registration Statement has been filed with the SEC but has not yet become effective. Consequently, the securities may not be sold, and offers to buy may not be accepted until the Registration Statement becomes effective.
Legal Disclaimer: The information furnished in this report is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Partnership S-1 Excerpt) for the specific financial data referenced in Item 7.01.
- Verify the effective date of the Registration Statement (File No. 333-183162) to determine when the Offering can commence.
- Examine the three press releases (Exhibits 99.2, 99.3, 99.4) for details on the terms of the Offering and management commentary.
- Confirm the specific scope of assets being contributed from the Haverhill and Middletown facilities to the Partnership.