T1 Energy Inc. (TE): debt financing — T1 Energy closes $184M 4.00% convertible notes offering due 2031

T1 Energy Inc.

Issued $184M aggregate principal amount of 4.00% Convertible Senior Notes due 2031, including full $24M over-allotment.
Initial conversion rate of 146.9724 shares per $1,000 principal, equivalent to ~$6.80/share (40% premium to $4.86 close).
Net proceeds of ~$174.7M will fund G2_Austin Phase 1 solar cell fab construction and general corporate purposes.
Notes mature April 15, 2031; interest payable semi-annually; redeemable at company option after April 20, 2029.
Company targets larger financing solution, including debt, to fund remaining Phase 1 capex.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

T1 Energy Inc. incurred convertible notes of $184.0 million aggregate principal amount at 4.00% per annum maturing April 15, 2031.

Instrument: convertible notes
Principal: $184.0 million aggregate principal amount
Rate: 4.00% per annum
Maturity: April 15, 2031
Event: incurrence

Exact text from the filing

On April 17, 2026, T1 Energy Inc. (the “Company”) completed its previously announced public offering of $184.0 million aggregate principal amount of the Company’s 4.00% Convertible Senior Notes due 2031

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

T1 Energy Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $184.0 million aggregate principal amount (effective 2026-04-17).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: $184.0 million aggregate principal amount
Effective: 2026-04-17

Exact text from the filing

ssued pursuant to, and are governed by, an indenture, dated as of December 16, 2025 (the “Base Indenture”), between the Company

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10 debt financings filed in the last 30 days. Browse all debt financings →

T1 Energy Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-045173

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