SunCoke Energy increases revolver to $150 million, doubles accordion

By Angela McDaniels

Tacoma, Wash., Aug. 30 - SunCoke Energy Partners, LP amended its revolving credit facility due 2018, increasing the total commitments to $150 million from $100 million and the accordion feature to $100 million from $50 million.

The amendment was made on Wednesday, according to an 8-K filed with the Securities and Exchange Commission on Friday.

The interest rate is Libor plus 200 basis points to 250 bps based on leverage.

JPMorgan Chase Bank, NA is the administrative agent.

SunCoke is based in Lisle, Ill. It manufactures coke used in the blast furnace production of steel.

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