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Centrus Energy (LEU) Continues to Gain Amid a Renewed Focus on Uranium
Yahoo Finance· 2025-10-13 04:42
The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) surged by 5.89% between October 3 and October 10, 2025, putting it among the Energy Stocks that Gained the Most This Week. Centrus Energy (LEU) Continues to Gain Amid a Renewed Focus on Uranium Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry. As one of two US suppliers licensed to produce low-enriched uranium (LEU) and the only American company to produce high-assay low-e ...
Centrus Announces Proposed Private Offering of $650 Million of Convertible Senior Notes due 2032
Prnewswire· 2025-08-12 20:42
Core Viewpoint - Centrus Energy Corp. plans to offer $650 million in Convertible Senior Notes due 2032, with an option for an additional $100 million, aimed at qualified institutional buyers, to support its corporate purposes [1][4]. Group 1: Offering Details - The offering consists of $650 million aggregate principal amount of Convertible Senior Notes, with an option for initial purchasers to buy an additional $100 million [1]. - The Notes will bear interest semiannually starting February 15, 2026, and will mature on August 15, 2032 [2]. - The Notes will be senior, unsecured obligations of Centrus, convertible under specific conditions before May 15, 2032, and freely convertible thereafter [3]. Group 2: Use of Proceeds - Centrus intends to use the net proceeds from the offering for general corporate purposes [4]. Group 3: Company Background - Centrus Energy is a supplier of nuclear fuel and services, having provided over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal since 1998 [7]. - The company is focused on restoring uranium enrichment capabilities and producing High-Assay, Low-Enriched Uranium to meet clean energy needs [8].