Coronado Global Resources Inc. Files 8-K
Ticker: CODQL · Form: 8-K · Filed: Sep 25, 2024 · CIK: 1770561
| Field | Detail |
|---|---|
| Company | Coronado Global Resources INC. (CODQL) |
| Form Type | 8-K |
| Filed Date | Sep 25, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $400 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, financial-statements
TL;DR
Coronado Global Resources Inc. just dropped an 8-K. Check it for Reg FD and financial updates.
AI Summary
Coronado Global Resources Inc. filed an 8-K on September 25, 2024, reporting an event on September 24, 2024. The filing is related to Regulation FD Disclosure and Financial Statements and Exhibits. The company is incorporated in Delaware and its principal executive offices are located in Brisbane, Queensland, Australia.
Why It Matters
This 8-K filing indicates Coronado Global Resources Inc. is disclosing important information to the public, potentially impacting investors' understanding of the company's current status.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for disclosure and financial statements, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- Coronado Global Resources Inc. (company) — Registrant
- September 24, 2024 (date) — Earliest event date
- September 25, 2024 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Brisbane, Queensland, Australia (location) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing serves as a Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on Regulation FD Disclosure and Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on September 24, 2024.
What is Coronado Global Resources Inc.'s state of incorporation?
Coronado Global Resources Inc. is incorporated in Delaware.
Where are Coronado Global Resources Inc.'s principal executive offices located?
Coronado Global Resources Inc.'s principal executive offices are located at Level 33, Central Plaza One, 345 Queen Street, Brisbane, Queensland, Australia.
What is the company's telephone number?
The company's telephone number, including area code, is (61) 7 3031 7777.
Filing Stats: 961 words · 4 min read · ~3 pages · Grade level 14.5 · Accepted 2024-09-25 06:01:40
Key Financial Figures
- $400 million — nado Finance Pty Ltd (the "Issuer"), of $400 million aggregate principal amount of 9.250% Se
Filing Documents
- tm2413538d4_8k.htm (8-K) — 30KB
- tm2413538d4_ex99-1.htm (EX-99.1) — 17KB
- tm2413538d4_ex99-1img001.jpg (GRAPHIC) — 5KB
- tm2413538d4_ex99-1img002.jpg (GRAPHIC) — 4KB
- 0001104659-24-102556.txt ( ) — 232KB
- none-20240924.xsd (EX-101.SCH) — 3KB
- none-20240924_lab.xml (EX-101.LAB) — 33KB
- none-20240924_pre.xml (EX-101.PRE) — 22KB
- tm2413538d4_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On September 24, 2024 (September 25, 2024 in Australia), Coronado Global Resources Inc. (the "Company") priced an oversubscribed offering by its wholly-owned subsidiary, Coronado Finance Pty Ltd (the "Issuer"), of $400 million aggregate principal amount of 9.250% Senior Secured Notes due 2029 (the "Notes"). The Notes will be issued at par. The Notes will be guaranteed on a senior secured basis by the Company and certain of the Company's subsidiaries (each, a "Note Guarantor") that guarantee or is a borrower under the Company's ABL Facility (as defined below) or certain other debt and secured by (i) a first-priority lien on substantially all of the assets of the Issuer and each Note Guarantor (other than accounts receivable and certain other rights to payment, inventory, certain investment property, certain general intangibles and commercial tort claims, deposit accounts, securities accounts and other related assets, chattel paper, letter of credit rights, certain insurance proceeds, intercompany indebtedness and certain other assets related to the foregoing and proceeds and products of each of the foregoing (collectively, the "ABL Priority Collateral")) and (ii) a second-priority lien on the ABL Priority Collateral, which is junior to a first-priority lien for the benefit of the lenders and other creditors under the Company's asset-based revolving credit facility, dated as of May 8, 2023 (the "ABL Facility"), in each case, subject to certain exceptions and permitted liens. The Company intends to use the proceeds from the offering of the Notes (i) to redeem all of the Issuer's outstanding 10.750% Senior Secured Notes due 2026 (the "Existing Notes"), (ii) to pay related fees and expenses in connection with the offering of the Notes and the redemption of the Existing Notes and (iii) for general corporate purposes. The Company expects the offering of the Notes to close on October 2, 2024, subject to customary closing conditions.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is filed with this Current Report on Form 8-K: Exhibit No. Description 99.1 Announcement Regarding Coronado Prices $400 million Senior Secured Notes Offering. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Coronado Global Resources Inc. By: /s/ Gerhard Ziems Name: Gerhard Ziems Title: Group Chief Financial Officer Date: September 25, 2024