tradingkey.logo

Centrus Energy falls on planned $650 mln convertible bond deal

ReutersAug 12, 2025 9:26 PM

** Shares of nuclear fuel supplier Centrus Energy LEU.A down 6.4% post-market to $203.50 after capital raise news

** Bethesda, Maryland-based firm announces private offering of $650 mln 7-yr convertible bonds (CBs)

** It plans to use net proceeds for general purposes

** Co has $4 bln market cap, per LSEG data

** LEU shares on Tues closed down 0.8% at $217.37. YTD, stock has more than tripled

** Last week, Centrus appointed Todd Tinelli as new CFO

** Of 14 analysts covering LEU, recommendation breakdown is 9 "strong buy" or "buy" and 5 "hold" ratings; median PT of $247 up from $205 a month ago and $129 on May 12 - LSEG

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI