---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-24-000100"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:14:37.407764+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Centrus Energy issues $402.5M of 2.25% convertible senior notes due 2030

## Summary
- $402.5M aggregate principal of 2.25% convertible senior notes due Nov 1, 2030 issued.
- Net proceeds of ~$388.7M; intended for general working capital, tech development, debt repayment, or acquisitions.
- Initial conversion price ~$97.50 per share (10.2564 shares per $1,000 principal).
- Notes are senior unsecured, rank junior to secured 8.25% notes due 2027.
- Redeemable at Company's option on or after Nov 8, 2027 if stock price >=130% of conversion price for 20 of 30 days.

## SEC filing metadata
- accession: 0001065059-24-000100
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000100/0001065059-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000100/leu-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-24-000100
- JSON: https://secwatch.observer/filing/0001065059-24-000100.json
- Plain text: https://secwatch.observer/filing/0001065059-24-000100.txt

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