---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-24-000096"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:08:11.043232+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Centrus prices $350M 2.25% convertible notes due 2030; conversion premium ~25%

## Summary
- $350M aggregate principal of 2.25% convertible senior notes due 2030, plus $52.5M overallotment option.
- Conversion price ~$97.50/share (~25% premium to Nov 4 close); initial rate 10.2564 shares per $1,000.
- Net proceeds ~$337.9M ($388.7M if overallotment exercised) for working capital, tech, debt repayment.
- Notes are senior unsecured, effectively junior to existing 8.25% notes due 2027; not redeemable before Nov 8, 2027.
- Offering expected to settle Nov 7, 2024; issued to QIBs under Rule 144A.

## SEC filing metadata
- accession: 0001065059-24-000096
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000096/0001065059-24-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000096/leu-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-24-000096
- JSON: https://secwatch.observer/filing/0001065059-24-000096.json
- Plain text: https://secwatch.observer/filing/0001065059-24-000096.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.