SunCoke Energy, Inc 8-K, filed Oct 13, 2020
SunCoke Energy, Inc. (SXC)
About this 8-K
SunCoke Energy, Inc filed this 8-K on October 13, 2020, reporting on events of October 8, 2020.
Items reported
- Item 1.01: Entered into a material agreement
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| Item 1.01. | Entry into a Material Definitive Agreement. |
SunCoke Energy, Inc. (the “Company”) has announced that, effective as of October 8, 2020, the Company’s Haverhill Coke Company LLC subsidiary located in Franklin Furnace, Ohio and AK Steel Corporation have amended their existing Coke Purchase Agreement to extend the term of this agreement by 24 months from July 1, 2023 to June 30, 2025.
Other key provisions of the Coke Purchase Agreement, including pass-through of coal costs, reimbursement of operating and maintenance expenses subject to certain metrics, and pricing remain unchanged. The foregoing brief description of the amendment is qualified in its entirety by reference to the amendment, a copy of which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the period ending September 30, 2020.
Some of the statements contained in this report constitute forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended), including statements expectations regarding the Coke Purchase Agreement, as amended. Such statements are based on the current knowledge, beliefs and expectations of the Company, and the Company’s actual results could differ materially from those projected in such forward-looking statements. Factors that could affect those results include, but are not limited to, domestic and international economic, political, business, operational, competitive, regulatory and/or market factors affecting the Company, as well as other risks and uncertainties described in the Company’s annual and quarterly reports and current reports on Form 8-K filed with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SUNCOKE ENERGY, INC. | ||
| By: | /s/ Fay West | |
| Fay West | ||
| Senior Vice President and Chief Financial Officer | ||
Date: October 13, 2020