SunCoke Energy to repay revolver borrowings with note proceeds

By Sara Rosenberg

New York, April, 28 - SunCoke Energy Partners plans on repaying debt under its revolving credit facility using proceeds from a $250 million add-on senior notes offering, according to a market source.

Remaining proceeds will be used to fund a dropdown transaction and for general partnership purposes.

SunCoke is a Lisle, Ill.-based manufacturer of coke used in the blast furnace production of steel.

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