Short answer
Coeur Mining, Inc. (CDE) filed an 8-K current report with the SEC on April 23, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). $385.774M of 6.875% senior notes issued in exchange for New Gold’s $400M notes, reducing exchanged principal by $14.226M.
Coeur Mining, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $385.774M of 6.875% senior notes issued in exchange for New Gold’s $400M notes, reducing exchanged principal by $14.226M
- No cash proceeds received; transaction restructures debt while incurring cash consideration, fees and expenses
- Interest payable semiannually on April 1 and October 1, creating 6.875% annual interest obligations
- Unsecured notes rank equally with senior unsecured debt but behind secured creditors, increasing creditor claims on cash flows
- Covenants restrict additional debt, dividends, investments, liens, asset sales and other capital-allocation actions
Item 7.01 · Regulation FD Disclosure
- Exhibit 99.1 furnished under Regulation FD, making the accompanying disclosure available to investors
- Information not deemed “filed” under Exchange Act Section 18, limiting associated filing liability for Coeur Mining
Item EX-99.1 · Exhibit EX-99.1
- Exchange offer achieved 96.45% participation, with $385.8M of New Gold notes accepted for exchange
- Coeur issued $385.774M of 6.875% senior notes due 2032 plus approximately $771,600 cash
- Settlement scheduled for April 22, 2026, effectively restructuring nearly all $400M of Existing Notes
- New Notes remain unregistered, limiting resale and trading flexibility for eligible holders
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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