Business Context and Reporting Period
Company: SunCoke Energy, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 11, 2017
Event: Regulation FD Disclosure regarding the redemption of outstanding senior notes.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, or operating margins. It focuses exclusively on a specific debt transaction.
| Debt Instrument | Principal Amount | Redemption Price | Total Payment |
|---|---|---|---|
| 7 5/8% Senior Notes due 2019 | $44,600,000 | 100.000% of principal + accrued interest | Approx. $46,111,444 |
Material Changes
The Company announced the full redemption of its 2019 Notes. This action reduces the Company's outstanding debt principal by $44.6 million. The filing does not provide comparative financial data against prior periods.
Outlook, Commentary, and Risks
- Management Action: The Company intends to redeem all outstanding 2019 Notes.
- Timing: The redemption is expected to occur on January 11, 2018.
- Payment Details: Holders will receive 100% of the principal amount plus accrued and unpaid interest up to, but not including, the redemption date.
- Legal Status: The information is furnished pursuant to Item 7.01 and is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the actual execution of the redemption on January 11, 2018.
- Confirm the final accrued interest amount included in the total payment.
- Review the attached press release (Exhibit 99.1) for additional context on the funding source for this redemption.
- Check subsequent filings for the updated debt schedule reflecting the removal of the 2019 Notes.