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[8-K] Ramaco Resources, Inc. 9.00% Senior Notes due 2026 Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Ramaco Resources (Nasdaq: METC) has called for the full redemption of its 9.00% Senior Notes due 2026 (ticker: METCL). On 4 Aug 2025 the company will repay the entire $34.5 million aggregate principal outstanding at 100% of par plus accrued interest. The redemption will be executed under the terms of a formal Notice of Redemption dated 25 Jul 2025. No other material transactions or earnings data were disclosed in this Form 8-K, and the information furnished under Item 7.01 is expressly deemed not filed under Exchange Act Section 18.

Key takeaways for investors:

  • Early retirement removes a high-coupon, 9.00% instrument, potentially lowering future cash interest expense.
  • The move reduces near-term debt maturities, simplifying the capital structure ahead of the 2029 notes.
  • Management’s decision signals confidence in liquidity but will require use of cash or alternative financing not detailed in the filing.

Ramaco Resources (Nasdaq: METC) ha annunciato il rimborso integrale delle sue Senior Notes al 9,00% con scadenza 2026 (ticker: METCL). Il 4 agosto 2025 la società pagherà l'intero importo principale residuo di 34,5 milioni di dollari al 100% del valore nominale più interessi maturati. Il rimborso sarà effettuato secondo i termini di un formale Avviso di Rimborso datato 25 luglio 2025. Non sono state comunicate altre operazioni rilevanti o dati sugli utili in questo modulo 8-K, e le informazioni fornite ai sensi del Punto 7.01 sono espressamente considerate non depositate ai sensi della Sezione 18 del Exchange Act.

Punti chiave per gli investitori:

  • Il rimborso anticipato elimina uno strumento con un alto tasso d'interesse del 9,00%, riducendo potenzialmente le spese future per interessi in contanti.
  • Questa mossa riduce le scadenze del debito a breve termine, semplificando la struttura del capitale in vista delle note del 2029.
  • La decisione del management indica fiducia nella liquidità, ma richiederà l'uso di liquidità o finanziamenti alternativi non specificati nel documento.

Ramaco Resources (Nasdaq: METC) ha anunciado el reembolso total de sus Notas Senior al 9,00% con vencimiento en 2026 (ticker: METCL). El 4 de agosto de 2025, la compañía pagará el importe principal pendiente total de 34,5 millones de dólares al 100% del valor nominal más intereses acumulados. El reembolso se realizará según los términos de un Aviso formal de Reembolso fechado el 25 de julio de 2025. No se divulgaron otras transacciones materiales ni datos de ganancias en este Formulario 8-K, y la información proporcionada bajo el Ítem 7.01 se considera expresamente no presentada conforme a la Sección 18 del Exchange Act.

Puntos clave para los inversores:

  • El retiro anticipado elimina un instrumento con cupón alto del 9,00%, lo que podría reducir futuros gastos de intereses en efectivo.
  • Esta acción reduce los vencimientos de deuda a corto plazo, simplificando la estructura de capital antes de las notas de 2029.
  • La decisión de la dirección refleja confianza en la liquidez, pero requerirá el uso de efectivo o financiamiento alternativo no detallado en el documento.

Ramaco Resources (나스닥: METC)는 2026년 만기 9.00% 선순위 채권(METCL)의 전액 상환을 요청했습니다. 2025년 8월 4일 회사는 총 3,450만 달러의 원금 전액액면가 100%와 미지급 이자 포함하여 상환할 예정입니다. 상환은 2025년 7월 25일자 공식 상환 통지서에 따라 진행됩니다. 본 Form 8-K에서는 다른 중요한 거래나 수익 데이터가 공개되지 않았으며, 항목 7.01에 따른 정보는 증권거래법 제18조에 따라 제출된 것으로 간주되지 않습니다.

투자자를 위한 주요 사항:

  • 조기 상환으로 9.00%의 고금리 채권이 제거되어 향후 현금 이자 비용이 줄어들 수 있습니다.
  • 이번 조치로 단기 부채 만기가 감소하여 2029년 채권 이전에 자본 구조가 단순화됩니다.
  • 경영진의 결정은 유동성에 대한 자신감을 나타내지만, 현금 사용 또는 문서에 명시되지 않은 대체 자금 조달이 필요할 것입니다.

Ramaco Resources (Nasdaq : METC) a annoncé le remboursement intégral de ses obligations Senior à 9,00 % arrivant à échéance en 2026 (symbole : METCL). Le 4 août 2025, la société remboursera la totalité du principal en circulation de 34,5 millions de dollars à 100 % de la valeur nominale plus les intérêts courus. Le remboursement sera effectué selon les termes d’un avis formel de remboursement daté du 25 juillet 2025. Aucune autre transaction importante ni donnée sur les résultats n’a été divulguée dans ce formulaire 8-K, et les informations fournies en vertu de l’Item 7.01 sont expressément considérées comme non déposées au titre de la Section 18 du Exchange Act.

Points clés pour les investisseurs :

  • Le remboursement anticipé supprime un instrument à coupon élevé de 9,00 %, ce qui pourrait réduire les charges d’intérêts futures en numéraire.
  • Cette opération réduit les échéances de dette à court terme, simplifiant la structure du capital avant les obligations de 2029.
  • La décision de la direction témoigne de sa confiance en la liquidité, mais nécessitera l’utilisation de liquidités ou d’un financement alternatif non détaillé dans le document.

Ramaco Resources (Nasdaq: METC) hat die vollständige Rückzahlung seiner 9,00% Senior Notes mit Fälligkeit 2026 (Ticker: METCL) angekündigt. Am 4. August 2025 wird das Unternehmen den gesamten ausstehenden Nennbetrag von 34,5 Millionen US-Dollar zu 100 % des Nennwerts zuzüglich aufgelaufener Zinsen zurückzahlen. Die Rückzahlung erfolgt gemäß den Bedingungen einer formellen Rückzahlungsmitteilung vom 25. Juli 2025. Weitere wesentliche Transaktionen oder Ertragsdaten wurden in diesem Form 8-K nicht offengelegt, und die unter Punkt 7.01 bereitgestellten Informationen gelten ausdrücklich nicht als gemäß Abschnitt 18 des Exchange Act eingereicht.

Wichtige Erkenntnisse für Investoren:

  • Die vorzeitige Rückzahlung eliminiert ein Instrument mit hohem Kupon von 9,00 %, was zukünftig die Barzinsaufwendungen senken könnte.
  • Dieser Schritt verringert kurzfristige Schuldenfälligkeiten und vereinfacht die Kapitalstruktur vor den Anleihen 2029.
  • Die Entscheidung des Managements signalisiert Vertrauen in die Liquidität, erfordert jedoch den Einsatz von Barmitteln oder alternativer Finanzierung, die in der Einreichung nicht näher erläutert wird.

Positive
  • Eliminates high-coupon 9.00% notes, potentially saving ≈$3.1 M annual interest.
  • Reduces 2026 maturity wall, improving near-term credit profile.
Negative
  • Draws $34.5 M of cash, which could constrain near-term liquidity if not offset by free cash flow.
  • Filing lacks detail on funding source, leaving uncertainty about balance-sheet impact.

Insights

TL;DR: Retiring costly debt cuts interest but taps cash; modestly positive signal.

The $34.5 M redemption eliminates a 9% coupon liability, saving roughly $3.1 M in annual interest (assuming full year). At par, no premium is paid, so NPV is positive if cash yields less than 9%. The action enhances leverage metrics and reduces refinancing risk two years early. Absent disclosure on funding source, liquidity impact is unknown, but management’s timing—nine days before the call—suggests cash on hand or revolver capacity. Overall, the event modestly improves the firm’s credit profile and future earnings.

TL;DR: Debt cut is beneficial but small relative to METC’s capitalization.

The redemption equals roughly 7-8% of Ramaco’s 2024 total debt (est.). While positive, the scale limits equity valuation impact. Investors should watch Q3 cash-flow disclosures to confirm remaining liquidity and any changes to capital return plans. For bondholders, the mandatory redemption removes METCL from portfolios, requiring reinvestment by 4 Aug 2025.

Ramaco Resources (Nasdaq: METC) ha annunciato il rimborso integrale delle sue Senior Notes al 9,00% con scadenza 2026 (ticker: METCL). Il 4 agosto 2025 la società pagherà l'intero importo principale residuo di 34,5 milioni di dollari al 100% del valore nominale più interessi maturati. Il rimborso sarà effettuato secondo i termini di un formale Avviso di Rimborso datato 25 luglio 2025. Non sono state comunicate altre operazioni rilevanti o dati sugli utili in questo modulo 8-K, e le informazioni fornite ai sensi del Punto 7.01 sono espressamente considerate non depositate ai sensi della Sezione 18 del Exchange Act.

Punti chiave per gli investitori:

  • Il rimborso anticipato elimina uno strumento con un alto tasso d'interesse del 9,00%, riducendo potenzialmente le spese future per interessi in contanti.
  • Questa mossa riduce le scadenze del debito a breve termine, semplificando la struttura del capitale in vista delle note del 2029.
  • La decisione del management indica fiducia nella liquidità, ma richiederà l'uso di liquidità o finanziamenti alternativi non specificati nel documento.

Ramaco Resources (Nasdaq: METC) ha anunciado el reembolso total de sus Notas Senior al 9,00% con vencimiento en 2026 (ticker: METCL). El 4 de agosto de 2025, la compañía pagará el importe principal pendiente total de 34,5 millones de dólares al 100% del valor nominal más intereses acumulados. El reembolso se realizará según los términos de un Aviso formal de Reembolso fechado el 25 de julio de 2025. No se divulgaron otras transacciones materiales ni datos de ganancias en este Formulario 8-K, y la información proporcionada bajo el Ítem 7.01 se considera expresamente no presentada conforme a la Sección 18 del Exchange Act.

Puntos clave para los inversores:

  • El retiro anticipado elimina un instrumento con cupón alto del 9,00%, lo que podría reducir futuros gastos de intereses en efectivo.
  • Esta acción reduce los vencimientos de deuda a corto plazo, simplificando la estructura de capital antes de las notas de 2029.
  • La decisión de la dirección refleja confianza en la liquidez, pero requerirá el uso de efectivo o financiamiento alternativo no detallado en el documento.

Ramaco Resources (나스닥: METC)는 2026년 만기 9.00% 선순위 채권(METCL)의 전액 상환을 요청했습니다. 2025년 8월 4일 회사는 총 3,450만 달러의 원금 전액액면가 100%와 미지급 이자 포함하여 상환할 예정입니다. 상환은 2025년 7월 25일자 공식 상환 통지서에 따라 진행됩니다. 본 Form 8-K에서는 다른 중요한 거래나 수익 데이터가 공개되지 않았으며, 항목 7.01에 따른 정보는 증권거래법 제18조에 따라 제출된 것으로 간주되지 않습니다.

투자자를 위한 주요 사항:

  • 조기 상환으로 9.00%의 고금리 채권이 제거되어 향후 현금 이자 비용이 줄어들 수 있습니다.
  • 이번 조치로 단기 부채 만기가 감소하여 2029년 채권 이전에 자본 구조가 단순화됩니다.
  • 경영진의 결정은 유동성에 대한 자신감을 나타내지만, 현금 사용 또는 문서에 명시되지 않은 대체 자금 조달이 필요할 것입니다.

Ramaco Resources (Nasdaq : METC) a annoncé le remboursement intégral de ses obligations Senior à 9,00 % arrivant à échéance en 2026 (symbole : METCL). Le 4 août 2025, la société remboursera la totalité du principal en circulation de 34,5 millions de dollars à 100 % de la valeur nominale plus les intérêts courus. Le remboursement sera effectué selon les termes d’un avis formel de remboursement daté du 25 juillet 2025. Aucune autre transaction importante ni donnée sur les résultats n’a été divulguée dans ce formulaire 8-K, et les informations fournies en vertu de l’Item 7.01 sont expressément considérées comme non déposées au titre de la Section 18 du Exchange Act.

Points clés pour les investisseurs :

  • Le remboursement anticipé supprime un instrument à coupon élevé de 9,00 %, ce qui pourrait réduire les charges d’intérêts futures en numéraire.
  • Cette opération réduit les échéances de dette à court terme, simplifiant la structure du capital avant les obligations de 2029.
  • La décision de la direction témoigne de sa confiance en la liquidité, mais nécessitera l’utilisation de liquidités ou d’un financement alternatif non détaillé dans le document.

Ramaco Resources (Nasdaq: METC) hat die vollständige Rückzahlung seiner 9,00% Senior Notes mit Fälligkeit 2026 (Ticker: METCL) angekündigt. Am 4. August 2025 wird das Unternehmen den gesamten ausstehenden Nennbetrag von 34,5 Millionen US-Dollar zu 100 % des Nennwerts zuzüglich aufgelaufener Zinsen zurückzahlen. Die Rückzahlung erfolgt gemäß den Bedingungen einer formellen Rückzahlungsmitteilung vom 25. Juli 2025. Weitere wesentliche Transaktionen oder Ertragsdaten wurden in diesem Form 8-K nicht offengelegt, und die unter Punkt 7.01 bereitgestellten Informationen gelten ausdrücklich nicht als gemäß Abschnitt 18 des Exchange Act eingereicht.

Wichtige Erkenntnisse für Investoren:

  • Die vorzeitige Rückzahlung eliminiert ein Instrument mit hohem Kupon von 9,00 %, was zukünftig die Barzinsaufwendungen senken könnte.
  • Dieser Schritt verringert kurzfristige Schuldenfälligkeiten und vereinfacht die Kapitalstruktur vor den Anleihen 2029.
  • Die Entscheidung des Managements signalisiert Vertrauen in die Liquidität, erfordert jedoch den Einsatz von Barmitteln oder alternativer Finanzierung, die in der Einreichung nicht näher erläutert wird.

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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): July 25, 2025

 

Ramaco Resources, Inc.

(Exact name of Registrant as specified in its Charter)

 

Delaware 001-38003

38-4018838

(State or other jurisdiction of
incorporation)

(Commission File Number) (IRS Employer Identification No.)

 

250 West Main Street, Suite 1900

Lexington, Kentucky 40507

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (859) 244-7455

 

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A common stock, $0.01 par value METC Nasdaq Global Select Market
Class B common stock, $0.01 par value METCB Nasdaq Global Select Market
9.00% Senior Notes due 2026METCL Nasdaq Global Select Market
8.375% Senior Notes due 2029 METCZ Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On July 25, 2025, Ramaco Resources, Inc. (the “Company”) called for the redemption of all the Company’s outstanding 9.00% Senior Notes due 2026 (the “2026 Notes”) on August 4, 2025 (the “Redemption Date”). There will be $34.5 million in aggregate principal amount of the 2026 Notes issued and outstanding as of the Redemption Date. The redemption price will be equal to 100% of the principal amount of the 2026 Notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the Redemption Date.

 

This Current Report on Form 8-K is not a notice of redemption of the 2026 Notes. The redemption is being made solely pursuant to the Notice of Redemption, dated July 25, 2025, relating to the 2026 Notes.

 

None of the information furnished in this Item 7.01 will be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

 

 

 

Signatures

 

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 hereunto duly authorized.

 

  Ramaco Resources, Inc.
   
  By: /s/ Randall W. Atkins
    Name: Randall W. Atkins
    Title: Chairman and Chief Executive Officer

 

Date: July 25, 2025

 

 

 

FAQ

When will Ramaco Resources redeem its 9.00% Senior Notes due 2026?

The notes will be redeemed on August 4, 2025.

How much principal of METCL notes is being redeemed?

Ramaco will redeem $34.5 million in aggregate principal.

At what price are the notes being redeemed?

The company will pay 100% of par plus accrued interest up to, but excluding, the redemption date.

What impact does this have on Ramaco Resources’ debt profile?

The redemption removes a high-coupon obligation, lowering future interest expense and reducing 2026 maturities.

Is this Form 8-K considered filed information under the Exchange Act?

No. Item 7.01 disclosures are furnished, not filed, and are not subject to Section 18 liabilities.
Ramaco Resou

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