# EDGAR Filing Document

**Accession Number:** 0001315257
**File Stem:** 0000950170-23-007354
**Filing Date:** 2023-3
**Character Count:** 10319
**Document Hash:** c6688a0bd1c375b1fcc9dac3e967606e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-23-007354.hdr.sgml**: 20230310

**ACCESSION NUMBER**: 0000950170-23-007354

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230310

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230310

**DATE AS OF CHANGE**: 20230310

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Koppers Holdings Inc.
- **CENTRAL INDEX KEY:** 0001315257
- **STANDARD INDUSTRIAL CLASSIFICATION:** LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400]
- **IRS NUMBER:** 201878963
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32737
- **FILM NUMBER:** 23724715

**BUSINESS ADDRESS:**
- **STREET 1:** 436 SEVENTH AVENUE
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219
- **BUSINESS PHONE:** 412-227-2001

**MAIL ADDRESS:**
- **STREET 1:** 436 SEVENTH AVENUE
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KI Holdings Inc.
- **DATE OF NAME CHANGE:** 20050124

?xml version="1.0" encoding="ASCII"? 8-K

**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):** March 10, 2023<br>

------

KOPPERS HOLDINGS INC.

**(Exact name of Registrant as Specified in Its Charter)**

------

---

| | | |
|:---|:---|:---|
| Pennsylvania | 1-32737 | 20-1878963 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 436 Seventh Avenue |  |  |
| Pittsburgh**,** Pennsylvania |  | 15219 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code:** (412) 227-2001<br>

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))

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

---

| | | |
|:---|:---|:---|
| **<br>Title of each class** | **Trading<br>Symbol(s)** | **<br>Name of each exchange on which registered** |
| Common Stock | KOP | The New York Stock Exchange |

---

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 8.01 Other Events.**

On March 10, 2023, Koppers Holdings Inc. issued a press release announcing the pricing and allocation of a $400 million Term Loan B. A copy of the press release is attached hereto as Exhibit 99.1.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits.

99.1 [<u>Press Release dated March 10, 2023</u>](kop-ex99_1.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

------

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.

**Dated: March 10, 2023**

---

| | |
|:---|:---|
| KOPPERS HOLDINGS INC. | KOPPERS HOLDINGS INC. |
| By: | /s/ Jimmi Sue Smith  |
|  | Jimmi Sue Smith |
|  | Chief Financial Officer  |

---

------

## Ex-99

---

| |
|:---|
| ![img180885081_0.jpg](img180885081_0.jpg)  |
| **Koppers Holdings Inc.**<br>436 Seventh Avenue<br>Pittsburgh, PA 15219-1800<br>Tel 412 227 2001<br>www.koppers.com |

---

News Release

**FOR IMMEDIATE RELEASE**

---

| | |
|:---|:---|
| For Information: | Quynh McGuire, Vice President, Investor Relations |
|  | 412 227 2049 |
|  | <u>McGuireQT@koppers.com</u><br>|

---

**Koppers Announces Pricing and Allocation of $400 Million Term Loan B**

**Continued Focus on Enhancing Balance Sheet Flexibility**

**PITTSBURGH, March 10, 2023** – Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the successful pricing and allocation of a 7-year $400 million senior secured Term Loan B (TLB). The TLB will bear interest at adjusted Term SOFR plus 4.00% with a SOFR floor of 50 bps.

Koppers plans to use the proceeds borrowed under the TLB, along with borrowing under its revolving credit facility, to redeem the company's outstanding $500 million 6.00% Senior Unsecured Notes that are due in 2025 (2025 Notes).

Commenting on the deal, Chief Financial Officer Jimmi Sue Smith said, "With this transaction, Koppers will be taking specific and favorable actions to enhance balance sheet flexibility, one of our core strategic pillars. By extending the maturity date for our debt profile, we will be reducing risk and gaining flexibility."

Wells Fargo Bank, National Association is acting as sole and exclusive administrative agent for the TLB. Wells Fargo Securities LLC, PNC Capital Markets LLC, BofA Securities, Inc., Fifth Third Bank, National Association, Citizens Bank, N.A. and Truist Securities, Inc. are acting as joint lead arrangers and bookrunners for the TLB.

Koppers expects to close the TLB transaction in mid-April 2023, in conjunction with the redemption of the 2025 Notes.

###

------

**About Koppers**

Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds. Our products and services are used in a variety of niche applications in a diverse range of end markets, including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction industries. We serve our customers through a comprehensive global manufacturing and distribution network, with facilities located in North America, South America, Australasia, and Europe. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP."

For more information, visit: <u>www.koppers.com</u>. Inquiries from the media should be directed to Ms. Jessica Franklin Black at <u>BlackJF@koppers.com</u> or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at <u>McGuireQT@koppers.com</u> or 412-227-2049.

**Safe Harbor Statement**

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows.

All forward-looking statements involve risks and uncertainties. All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "outlook," "guidance," "forecast," "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plan," "potential," "intend," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in other press releases, written statements or other documents filed with the Securities and Exchange Commission, or in Koppers communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding future dividends, expectations with respect to sales, earnings, cash flows, operating efficiencies, restructurings, the benefits of acquisitions, divestitures, joint ventures or other matters as well as financings and debt reduction, are subject to known and unknown risks, uncertainties and contingencies.

Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. Factors that might affect such forward-looking statements include, among other things, the impact of changes in commodity prices, such as oil and copper, on product margins; general economic and business conditions; disruption in the U.S. and global financial markets; potential difficulties in protecting our intellectual property; the ratings on our debt and our ability to repay or refinance our outstanding indebtedness as it matures; our ability to operate within the limitations of our debt covenants; potential impairment of our goodwill and/or long-lived assets; demand for Koppers goods and services; competitive conditions; interest rate and foreign currency rate fluctuations; availability and costs of key raw materials; unfavorable resolution of claims against us, as well as those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly our latest annual report on Form 10-K and any subsequent filings by Koppers with the Securities and Exchange Commission. Any forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.

------