CNX Resources Corp 8-K 2015
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 7, 2015
CONSOL Energy Inc.
(Exact name of registrant as specified in its charter)
1000 CONSOL Energy Drive
Canonsburg, Pennsylvania 15317
(Address of principal executive offices)
Registrants telephone number, including area code:
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Item 1.02 Termination of a Material Definitive Agreement.
On July 7, 2015, CONSOL Energy Inc. (the Company), CNX Funding Corporation, CONSOL Energy Sales Company, CONSOL of Kentucky Inc., CONSOL Pennsylvania Coal Company LLC, Island Creek Coal Company, CNX Marine Terminals Inc., Fola Coal Company L.L.C., Little Eagle Coal Company L.L.C., Terry Eagle Coal Company, L.L.C., CONSOL Amonate Facility LLC, CONSOL Amonate Mining Company LLC, CONSOL Buchanan Mining Company LLC and CONSOL Mining Company LLC (collectively with the Company, the Seller Parties), Liberty Street Funding LLC (Liberty Street), The Bank of Nova Scotia, and PNC Bank, National Association (together with Liberty Street and the Bank of Nova Scotia, the Payoff Parties) entered into a Payoff Letter pursuant to which the Amended and Restated Receivables Purchase Agreement, dated as of April 30, 2007, as amended, was paid off in full and all commitments thereunder were terminated. There were no material early termination penalties incurred by the Seller Parties.
Certain of the Payoff Parties or their affiliates have or may have had various relationships with the Company or the other Selling Parties involving the provision of a variety of financial services, including investment banking, underwriting, commercial banking and letters of credit, for which the Payoff Parties or their affiliates receive customary fees and, in some cases, out-of-pocket expenses.
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.
Dated: July 13, 2015