Centrus Energy (LEU) said Tuesday it has priced $350 million of 2.25% convertible senior notes due 2030 via a private offering.
The initial buyers of the notes were given a 13-day option to buy up to an additional $52.5 million of the notes, with the sale to the initial buyers expected to settle Thursday, the company said.
Initially, the conversion rate for the notes will be 10.2564 class A Centrus shares per $1,000 principal amount of notes, the company said, adding that the rate will be subject to adjustment.
The company said it expects net proceeds of about $337.9 million, or about $388.7 million if the initial buyers fully exercise their option to buy more notes. The net proceeds will be used for general working capital and corporate purposes, Centrus Energy said.
Centrus shares were down 4.2% in recent Tuesday trading.
Price: 74.81, Change: -3.19, Percent Change: -4.09
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。