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EX-99.1 - EX-99.1 - SunCoke Energy Partners, L.P.d331475dex991.htm

 

 

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))

 

 

 


Item 8.01 Other Events.

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.

 

(d) 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).