---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-25-000075"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T11:45:36.689042+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Centrus Energy issues $805M 0% convertible notes due 2032, net proceeds ~$782M

## Summary
- $805M aggregate principal of 0% convertible senior notes due 2032 issued to initial purchasers.
- Initial conversion rate 4.3551 shares per $1,000 principal, equivalent to ~$229.62 per share.
- Net proceeds ~$782.1M after discounts/expenses; proceeds for general corporate purposes.
- Notes mature August 15, 2032; no regular interest; special interest accrues in limited circumstances.
- Notes are senior unsecured; rank equally with existing 2.25% Notes due 2030; not registered under Securities Act.

## SEC filing metadata
- accession: 0001065059-25-000075
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2025-08-18T23:59:59+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/1065059/000106505925000075/0001065059-25-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505925000075/leu-20250818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-25-000075
- JSON: https://secwatch.observer/filing/0001065059-25-000075.json
- Plain text: https://secwatch.observer/filing/0001065059-25-000075.txt

## Key facts
- Debt Financings
  CENTRUS ENERGY CORP incurred convertible notes of $805 million aggregate principal amount with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the Initial Purchasers at 0% maturing August 15, 2032.
  - Instrument: convertible notes
  - Principal: $805 million aggregate principal amount
  - Counterparty: BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the Initial Purchasers
  - Rate: 0%
  - Maturity: August 15, 2032
  - Event: incurrence
  source text: On August 18, 2025, Centrus Energy Corp. (the “Company”) issued to the several initial purchasers (the “Initial Purchasers”) $805 million aggregate principal amount of the Company’s 0% convertible senior notes due 2032 (the “Notes”), pursuant to a purchase agreement among the Company and BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the Initial Purchasers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065059/000106505925000075/0001065059-25-000075-index.htm

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