SunCoke Energy Inc. has amended its existing revolving credit facility with Bank of America, N.A., extending the maturity to July 2030 and decreasing the revolving credit commitments to $325 million. The new agreement, effective July 25, 2025, is secured by liens on substantially all of SunCoke's assets and those of its subsidiary guarantors. It includes covenants that limit the company's ability to incur debt, pay dividends, and engage in certain financial transactions. This amendment aims to provide SunCoke with enhanced financial flexibility while maintaining stringent oversight on its financial activities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SunCoke Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-168058), on July 29, 2025, and is solely responsible for the information contained therein.