Koppers Holdings Inc. Enters Material Definitive Agreement
Ticker: KOP · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1315257
| Field | Detail |
|---|---|
| Company | Koppers Holdings INC. (KOP) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $100,000,000, $497,005,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: KOP
TL;DR
Koppers just signed a big deal, expect financial moves.
AI Summary
Koppers Holdings Inc. entered into a Material Definitive Agreement on April 12, 2024, which involves a direct financial obligation. The company, incorporated in Pennsylvania, has its principal executive offices at 436 Seventh Avenue, Pittsburgh, PA 15219.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Koppers Holdings Inc., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and direct financial obligations can introduce new financial risks and obligations for a company.
Key Players & Entities
- Koppers Holdings Inc. (company) — Registrant
- April 12, 2024 (date) — Date of earliest event reported
- Pennsylvania (jurisdiction) — State of Incorporation
- 436 Seventh Avenue, Pittsburgh, PA 15219 (address) — Principal Executive Offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Koppers Holdings Inc.?
The filing states that Koppers Holdings Inc. entered into a Material Definitive Agreement on April 12, 2024, which also constitutes the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Specific details of the agreement are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on April 12, 2024.
What is Koppers Holdings Inc.'s state of incorporation?
Koppers Holdings Inc. is incorporated in Pennsylvania.
Where are Koppers Holdings Inc.'s principal executive offices located?
Koppers Holdings Inc.'s principal executive offices are located at 436 Seventh Avenue, Pittsburgh, Pennsylvania, 15219.
What is the SEC file number for Koppers Holdings Inc.?
The SEC file number for Koppers Holdings Inc. is 001-32737.
Filing Stats: 887 words · 4 min read · ~3 pages · Grade level 9.5 · Accepted 2024-04-15 08:06:03
Key Financial Figures
- $100,000,000 — ans in an aggregate principal amount of $100,000,000 to be used for general corporate purpos
- $497,005,000 — pal amount of the term loan facility to $497,005,000 (the "Term Loan B Facility"); (ii) effe
Filing Documents
- d818182d8k.htm (8-K) — 27KB
- d818182dex101.htm (EX-10.1) — 1363KB
- d818182dex991.htm (EX-99.1) — 11KB
- g818182g0412091126747.jpg (GRAPHIC) — 3KB
- 0001193125-24-095544.txt ( ) — 1856KB
- kop-20240412.xsd (EX-101.SCH) — 3KB
- kop-20240412_lab.xml (EX-101.LAB) — 17KB
- kop-20240412_pre.xml (EX-101.PRE) — 11KB
- d818182d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 Amendment No. 3, dated as of April 12, 2024, to the Credit Agreement, dated as of June 17, 2022, by and among Koppers Inc., as Borrower, Koppers Holdings Inc., as Holdings, the Lenders and L/C issuers party thereto, PNC Bank, National Association, as Revolving Administrative Agent, Collateral Agent and Swingline Loan Lender, and Wells Fargo Bank, National Association, as Term Administrative Agent. 99.1 Press Release dated April 15, 2024. 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. KOPPERS HOLDINGS INC. Date: April 15, 2024 By: /s/ Jimmi Sue Smith Jimmi Sue Smith Chief Financial Officer