Tronox Holdings plc Enters Material Definitive Agreement

TL;DR

Tronox just signed a big financial deal, filing an 8-K. Keep an eye on this.

AI Summary

On August 15, 2024, Tronox Holdings plc entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in England and Wales, filed an 8-K report detailing this event. The principal executive offices are located in Stamford, Connecticut, with a UK address also provided.

Why It Matters

This filing indicates a significant financial commitment or obligation for Tronox Holdings plc, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that require careful monitoring.

Key Players & Entities

• Tronox Holdings plc (company) — Registrant
• August 15, 2024 (date) — Date of earliest event reported
• England and Wales (jurisdiction) — State or Jurisdiction of Incorporation
• 263 Tresser Boulevard, Suite 1100 Stamford, Connecticut 06901 (address) — Address of Principal Executive Offices
• Laporte Road, Stallingborough Grimsby, North East Lincolnshire, DN40 2PR, UK (address) — UK Address

FAQ

Key Financial Figures

• $0.01 — registered Ordinary shares, par value $0.01 per share TROX NYSE Indicate by c
• $350,000,000 — ral Agent. The Amendment provides for a $350,000,000 replacement revolving loan facility (th
• $200,000,000 — ount of 2028 term loans is greater than $200,000,000, (x) the scheduled maturity date of the

Filing Documents

• ef20034185_8k.htm (8-K) — 33KB
• ef20034185_ex10-1.htm (EX-10.1) — 1727KB
• 0001140361-24-037620.txt ( ) — 2244KB
• trox-20240815.xsd (EX-101.SCH) — 4KB
• trox-20240815_lab.xml (EX-101.LAB) — 21KB
• trox-20240815_pre.xml (EX-101.PRE) — 16KB
• ef20034185_8k_htm.xml (XML) — 4KB

01

Item 1.01. Entry into a Material Definitive Agreement 2024 Refinancing Revolving Facility On August 15, 2024, Tronox Finance LLC (the "Borrower"), an indirect subsidiary of Tronox Holdings plc (the "Company"), together with the Company and certain of the Company's subsidiaries, entered into Amendment No. 5 (the "Amendment") to the Credit Agreement (as defined below) with the revolving lenders party thereto and HSBC Bank USA, National Association, as Administrative Agent and Collateral Agent. The Amendment provides for a $350,000,000 replacement revolving loan facility (the "New Revolving Facility" and the loans thereunder, the "New Revolving Loans"), which New Revolving Facility refinances and replaces the Borrower's existing $350,000,000 revolving loan facility (the "Existing Revolving Facility") under its Amended and Restated First Lien Credit Agreement, dated as of March 11, 2021 (as amended through the date hereof, the "Credit Agreement") among the Borrower, the Company, certain of the Company's subsidiaries, the lenders party thereto from time to time and HSBC Bank USA, National Association, as Administrative Agent and Collateral Agent. The obligations of the Borrower under the New Revolving Facility are guaranteed and secured by the same guarantees and liens under the Credit Agreement prior to the effectiveness of the Amendment. The New Revolving Loans are a separate class of loans under the Credit Agreement. The maturity date of the New Revolving Loans will occur on the earlier of (x) August 15, 2029 and (y) the Springing Maturity Date. The Springing Maturity Date is defined under the Credit Agreement as the earlier of the date that is 91 days prior to (w) the scheduled maturity date of the Borrower's 2028 term loans if on such date the outstanding amount of 2028 term loans is greater than $200,000,000, (x) the scheduled maturity date of the Borrower's 2029 term loans if on such date the outstanding amount of 2029 term loans is greater than $200,000,000

03

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 5 to Amended and Restated First Lien Credit Agreement, dated as of August 15, 2024, with the revolving lenders party thereto and HSBC Bank USA, National Association, as administrative agent and collateral agent. 104 Inline XBRL for the cover page of this Current Report on Form 8-K. -2-

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. TRONOX HOLDINGS PLC Date: August 16, 2024 By: /s/ Jeffrey Neuman Name: Jeffrey Neuman Title: Senior Vice President, General Counsel and Secretary -3-

View Full Filing

View this 8-K filing on SEC EDGAR