New York, April 29, 2014 -- Moody's views as ratings neutral the contribution by SunCoke Energy Inc., (SXC) of an additional 33% interest in the coke making facilities and related assets of Haverhill Coke Company LLC (Haverhill 1 and Haverhill 2) and Middletown Coke Company LLC (Middletown) to SunCoke Energy Partners, L.P. (SXCP). Aggregate consideration, including common units and general partnership interests, is approximately $365 million. Under the announced transaction, SXCP will assume and repay approximately $271 million of SXC's debt. Consequently the impact on debt protection metrics by the reduction in earnings from SXC's ownership interest in these assets, will be somewhat mitigated by the lower debt levels and a slightly higher level of dividends. SXC has a 54.1% limited partner interest and 2% general partner interest in SXCP.

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