LISLE, Ill.--(BUSINESS WIRE)--
SunCoke Energy Partners, L.P. (NYSE: SXCP) board of directors today
declared a quarterly cash distribution of $0.515 per limited partnership
unit, payable on August 29, 2014 to holders of record on August 15,
2014. This distribution marks a 1.5 cent, or 3.0 percent increase in the
cash distribution rate versus the prior quarter.
ABOUT SUNCOKE ENERGY PARTNERS, L.P.
SunCoke Energy Partners, L.P. (NYSE: SXCP) is a publicly-traded master
limited partnership that manufactures coke used in the blast furnace
production of steel and provides coal handling services to the coke,
steel and power industries. Our advanced, heat recovery cokemaking
process produces consistently high-quality coke, captures waste heat to
generate steam or electricity, and reduces environmental impacts. Our
coal handling terminals have the collective capacity to blend and
transload more than 30 million tons of coal annually and are
strategically located to enable material delivery to U.S. ports in the
Gulf Coast, East Coast and Great Lakes. Our General Partner is a wholly
owned subsidiary of SunCoke Energy, Inc. (NYSE: SXC), the largest
independent producer of coke in the Americas, with 50 years of
cokemaking experience and an international reputation for leadership,
innovation and environmental stewardship in our industry.
This statement is intended to serve as qualified notice to nominees as
provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d)
given by a publicly traded partnership for the nominee to be treated as
a withholding agent. Please note that SunCoke Energy Partners, L.P.'s
quarterly cash distributions are treated as partnership distributions
for federal income tax purposes and that 100 percent of these
distributions to foreign investors are attributable to income that is
effectively connected with a United States trade or business.
Accordingly, all of SunCoke Energy Partners, L.P.'s distributions to a
nominee on behalf of foreign investors are subject to federal income tax
withholding at the highest marginal tax rate for individuals or
corporations, as applicable. Nominees, and not SunCoke Energy Partners,
L.P., are treated as the withholding agents responsible for withholding
on the distributions received by them on behalf of foreign investors.
SunCoke Energy Partners, L.P.
Lisa Ciota: 630-824-1987
Source: SunCoke Energy Partners, L.P.