Peabody Energy Expands Revolver to $400 Million, Extends Maturity to 2030 and Lowers Pricing

Peabody Energy entered into Amendment No. 3 to its Credit Agreement, increasing revolving commitments to $400 million. The amendment extends the revolver maturity to June 30, 2030 and reduces interest margins to SOFR plus 3.25%–4.00% or a base rate plus 2.25%–3.00%, depending on leverage. The facility continues to provide flexible liquidity for general corporate purposes.

Agreement details:

• Agreement type: Amendment to revolving credit facility
• Counterparty: PNC Bank, as administrative agent, and other lenders
• Signed / Effective: Jun 30 2026 / same
• Duration / Termination: Through Jun 30 2030
• Reason: Increase liquidity and extend maturity at lower cost

Original SEC Filing:

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