Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030
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Centrus Energy Corp. has announced the pricing of a $350 million private offering of 2.25% Convertible Senior Notes due 2030. The offering is targeted at qualified institutional buyers under Rule 144A of the Securities Act.
November 05, 2024 | 12:30 pm
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Centrus Energy Corp. has priced a $350 million private offering of 2.25% Convertible Senior Notes due 2030, aimed at institutional buyers. This move could provide the company with additional capital for growth or debt management.
The issuance of convertible notes can provide Centrus with significant capital, which may be used for expansion or to manage existing debt. This is generally seen as a positive move, as it can enhance financial flexibility and growth potential.
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