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): January 20, 2017
SUNCOKE ENERGY PARTNERS, L.P.
(Exact name of registrant as specified in its charter)
| | | | |
| Delaware | | 001- 35782 | | 35-2451470 |
| (State of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | |
| 1011 Warrenville Road, Suite 600 | | |
| Lisle, Illinois | | 60532 |
| (Address of principal executive offices) | | (Zip code) |
Registrant’s telephone number, including area code: (630) 824-1000
Not Applicable
(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:
| ☐ | 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)) |
On January 20, 2017, SunCoke Energy Partners, L.P. (the “Partnership”) issued the following statement in a press release responding to the Internal Revenue Service’s (IRS) decision to exclude cokemaking as a qualifying income generating activity in its final regulations issued under section 7704(d)(1)(E) of the Internal Revenue Code relating to the qualifying income exception for publicly traded partnerships:
“We are disappointed that cokemaking was not included as an activity that generates qualifying income and that the public comments and testimony provided to the IRS by SunCoke and third-party industry experts were not incorporated in the final regulations,” said Fritz Henderson, President, Chairman and CEO of SunCoke Energy Partners, L.P. “After conferring with our counsel, Vinson & Elkins LLP, we believe that income from our coke operations will be qualifying income during the 10-year transition period contemplated by the final regulations.”
The Partnership is evaluating its options for engaging with the IRS to address its concerns with the scope of these qualifying income restrictions. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Safe Harbor Statement
Statements contained in this report, or the exhibit to this report, that state the Partnership’s or management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The Partnership’s actual results could differ materially from those projected in such forward-looking statements. Factors that could affect those results include those mentioned in the documents that the Partnership has filed with the Securities and Exchange Commission (SEC).
| Item 9.01 | Financial Statements and Exhibits. |
| | |
Exhibit
No. | | Description |
| |
| 99.1 | | SunCoke Energy Partners, L.P. Press Release, regarding IRS final regulations (January 20, 2017). |
SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | |
| SUNCOKE ENERGY PARTNERS, L.P. |
| |
| By: | | SunCoke Energy Partners GP LLC, its General Partner |
| | |
| | By: | | /s/ Fay West |
| | | | Fay West |
| | | | Senior Vice President and Chief Financial Officer |
Date: January 20, 2017
EXHIBIT INDEX
| | |
Exhibit
No. | | Exhibit |
| |
| 99.1 | | SunCoke Energy Partners, L.P. Press Release, regarding IRS final regulations (January 20, 2017). |
