On November 27, 2025 (November 27, 2025 in Australia) (the ?Amendment Date?), Coronado Global Resources Inc., a Delaware corporation (the ?Company?), Coronado Coal Corporation, a Delaware corporation and a wholly-owned subsidiary of the Company, Coronado Finance Pty Ltd. (ACN 628 668 235), an Australian proprietary company and a wholly-owned subsidiary of the Company (an ?Australian Borrower?), Coronado Curragh Pty Ltd. (ACN 009 362 565) (?Coronado Curragh?), an Australian proprietary company and a wholly-owned subsidiary of the Company (an ?Australian Borrower? and, together with the other Australian Borrower, the ?Borrowers?), and the other guarantors party thereto (collectively with the Company, the ?Guarantors? and, together with Borrowers, the ?Obligors?), entered into an amendment and restatement of its existing senior secured asset-based revolving credit agreement in an initial aggregate principal amount of AUD 406.6 (USD 265) million (the ?ABL Facility?) with Global Loan Agency Services Australia Pty Ltd. (ACN 608 829 303), as administrative agent (the ?Administrative Agent?), Global Loan Agency Services Australia Nominees Pty Ltd. (ACN 608 945 008), as collateral agent, and Stanwell Corporation Limited, as lender (the ?Lender?).
Upon satisfaction of the stipulated conditions precedent to closing under the ABL Facility, the ABL Facility will replace the Company?s existing senior secured asset-based revolving credit agreement, dated May 8, 2023 (as amended and restated from time to time), with Highland Park XII Pte. Ltd., an affiliate of Oaktree Capital Management, L.P., as lender, which the Company will fully repay the in accordance with its terms and terminate in connection with entry into the ABL Facility. The Company intends to use the funds available under the ABL Facility to fund its working capital needs and for other general corporate purposes.
