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BRIEF-SunCoke Energy announces Brazil Coke Facility Transactions

Nov 29 SunCoke Energy Inc

* SunCoke Energy, Inc. announces Brazil Coke Facility Transactions

* SunCoke Energy -Arcelormittal Brasil S.A. redeeming SunCoke's indirectly held preferred and common equity interest in sol coqueria for cash consideration of $41 million

* With redemption, SunCoke will no longer receive its approximately $9.5 million annual dividend from Arcelormittal

* Says SunCoke will continue to operate Brazil Facility on behalf of Arcelormittal

* SunCoke Energy -Received $20.5 million in cash at closing and will receive remaining $20.5 million in cash, plus accrued interest, on April 1, 2017

* Additionally, starting in 2016, SunCoke will receive an incremental $5.1 million in technology fees per year through 2023

* Total impact of these transactions is a net reduction of $4.4 million to annual adjusted EBITDA

* SunCoke Energy Inc says will continue to operate Brazil facility on behalf of Arcelormittal

* Company reaffirmed its 2016 adjusted EBITDA guidance of $210 million to $235 million Source text for Eikon: Further company coverage:

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