UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): April 12, 2016
FORESIGHT ENERGY LP | ||
(Exact Name of Registrant as Specified in its Charter) | ||
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Delaware | 001-36503 | 80-0778894 |
(State or Other Jurisdiction | (Commission | (IRS Employer |
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211 North Broadway Suite 2600 Saint Louis, MO 63102 | ||
(Address of Principal Executive Offices) | ||
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(314) 932-6160 | ||
(Registrant’s telephone number, including area code) | ||
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):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Foresight Energy LLC and Foresight Energy Finance Corporation (together, the “Issuers”), together with Foresight Energy LP and certain other subsidiaries of Foresight Energy LP (together and collectively with the “Issuers” the “Partnership”) again extended the term of the existing forbearance agreement that was entered into on December 18, 2015 with certain holders (the “Consenting Noteholders”) of the Issuers’ 7.875% Senior Notes due 2021 (the “Notes”). As a result of the extension, the forbearance period runs through April 15, 2016, unless further extended by the Consenting Noteholders in their sole discretion or unless earlier terminated in accordance with its terms.
Foresight Receivables LLC (“Foresight Receivables”), together with the Partnership, extended the term of the forbearance agreement (the “Securitization Forbearance Agreement”) that was entered into on January 27, 2016 with certain lenders (the “Consenting Lenders”) under Foresight Receivables’ receivables financing agreement. As a result of the extension, the forbearance period runs through April 15, 2016, unless further extended by the Consenting Lenders in their sole discretion or unless earlier terminated in accordance with its terms.
The extensions are intended to provide additional opportunity to engage in discussions and negotiations with the holders of the Notes and our secured lenders.
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, thereunto duly authorized.
| Foresight Energy LP |
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By: |
Foresight Energy GP LLC, |
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| its general partner |
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By: |
/s/ Robert D. Moore |
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| Robert D. Moore |
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| President and Chief Executive Officer |
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Date: April 12, 2016 |
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