NYSEAM:LEUOil and Gas
Major Uranium Waiver Extension and $700M Convertible Notes Could Be a Game Changer for Centrus Energy (LEU)
Centrus Energy Corp. recently completed a US$700 million fixed-income offering of zero coupon senior subordinated unsecured convertible notes due August 15, 2032, with both J.P. Morgan Securities LLC and BofA Securities, Inc. joining as co-lead underwriters.
This significant capital raising follows the U.S. Department of Energy's extension of a waiver permitting Centrus Energy to import low enriched uranium from Russia through 2027, supporting stable nuclear fuel supply for U.S. customers...