Tronox Holdings plc Files 8-K: Material Agreement & Financial Obligations

TL;DR

Tronox just signed a big deal and took on new financial obligations. Watch this space.

AI Summary

On December 18, 2024, Tronox Holdings plc entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits related to these events.

Why It Matters

This filing signals a significant new financial commitment or agreement for Tronox Holdings plc, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and new financial obligations can introduce financial and operational risks for a company.

Key Players & Entities

• Tronox Holdings plc (company) — Registrant
• December 18, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.01 — registered Ordinary shares, par value $0.01 per share TROX NYSE Indicate by c
• $741,150,000 — of the Repricing Amendment was equal to $741,150,000. The maturity date of the Repriced Ter

Filing Documents

• ef20040331_8k.htm (8-K) — 30KB
• ef20040331_ex10-1.htm (EX-10.1) — 1660KB
• 0001140361-24-049849.txt ( ) — 2207KB
• trox-20241218.xsd (EX-101.SCH) — 4KB
• trox-20241218_lab.xml (EX-101.LAB) — 21KB
• trox-20241218_pre.xml (EX-101.PRE) — 16KB
• ef20040331_8k_htm.xml (XML) — 4KB

01

Item 1.01. Entry into a Material Definitive Agreement Term Loan Repricing On December 18, 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. 7 to Amended and Restated First Lien Credit Agreement (the "Repricing Amendment") to the Existing Credit Agreement (as defined below) with the term lenders party thereto and HSBC Bank USA, National Association, as Administrative Agent and Collateral Agent. The Repricing Amendment amended that certain Amended and Restated First Lien Credit Agreement, dated as of March 11, 2021 (as amended prior to the effectiveness of the Repricing Amendment, the "Existing 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 Repricing Amendment amended the 2024 Other Term Loans as in effect under the Existing Credit Agreement (the "Repriced Term Loans") by (i) reducing the applicable rate per annum applicable thereto by 50 basis points to 1.25% per annum for base rate loans or 2.25% per annum for SOFR rate loans and (ii) implementing certain mechanical and other related changes. The aggregate principal amount of the Repriced Term Loans outstanding as of the effective date of the Repricing Amendment was equal to $741,150,000. The maturity date of the Repriced Term Loans remained April 4, 2029, and the obligations thereunder continue to be guaranteed and secured by the same guarantees and liens as in effect prior to the effective date of the Repricing Amendment. The Repriced Term Loans continue to benefit from the same representations and warranties, negative covenants, affirmative covenants, and events of default as in effect prior to the effective date of the Repricing Amendment. The foregoing description does not purpor

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. -2-

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 7 to Amended and Restated First Lien Credit Agreement, dated as of December 18, 2024, with the term 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.

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: December 18, 2024 By: /s/ Jeffrey Neuman Name: Jeffrey Neuman Title: Senior Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR