Centrus Energy slumps after $650 mln convertible bond sale announced

** Shares of nuclear fuel supplier Centrus Energy LEU.A down 13.9% at $187.16, and falling for fourth straight session on Weds, as it seeks capital raise

** LEU shares on track for biggest one-day pct decline since Jan 27

** After the bell Tues, Bethesda, Maryland-based firm announced private offering of $650 mln 7-yr convertible bonds (CBs) to fund general purposes

** With ~18.2 mln shares outstanding, co has ~$3.4 bln current market cap, per LSEG data

** Even with the move on the session, LEU shares up ~180% YTD

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

** Of 13 analysts covering LEU, recommendation breakdown is 9 "strong buy" or "buy" and 4 "hold" ratings - LSEG

** Median PT of $247 up from $205 a month ago and $129 on May 13