Category: News Releases
02.14.2017
Centrus Energy Corp. Announces Successful Settlement of Its Private Exchange Offer
Tenders received for 87.4% of outstanding notes due in 2019 New notes due in 2027 Deal strengthens the Company’s financial position, reducing the face amount of outstanding long-term debt by 56% BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced the settlement of its previously announced private exchange offer (the “Exchange Offer”) […]
02.10.2017
Centrus Energy Corp. Announces Expiration and Final Results of Its Private Exchange Offer and Solicitation of Consents
BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced the expiration and final results of its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due […]
02.03.2017
Centrus Energy Corp. Announces Extension of Expiration Date to Its Private Exchange Offer and Solicitation of Consents
BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced today an amendment to its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due 2027 (the […]
01.27.2017
Centrus Energy Corp. Announces Extension of Early Tender Deadline to Its Private Exchange Offer and Solicitation of Consents
BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced today an amendment to its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due 2027 (the […]
01.20.2017
Centrus Energy Corp. Announces Preliminary Results of Private Exchange Offer and Solicitation of Consents
BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced today the preliminary results in connection with its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes […]
01.05.2017
Centrus Energy Corp. Announces Private Exchange Offer and Solicitation of Consents
BETHESDA, Md. — Centrus Energy Corp. (the “Company”) (NYSE MKT: LEU) announced today that it has commenced a private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due 2027 (the “New […]
11.09.2016
Centrus Reports Third Quarter 2016 Results
Gross loss of $2.1 million for the third quarter and gross profit of $19.2 million for nine-month period ended September 30, 2016; Net loss of $41.3 million for the quarter on revenue of $21.4 million; Company expects to generate approximately 40 percent of 2016 revenue in the fourth quarter; On track to achieve 2016 guidance of $275-$300 million in revenue
11.07.2016
Centrus to Webcast Conference Call on November 10 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through November 24, 2016.
09.22.2016
Centrus Signs Contract for Advancing U.S. Enrichment Technology
BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) announced today it has entered into a new follow-on contract with UT-Battelle, LLC, as operator of the U.S. Department of Energy’s Oak Ridge National Laboratory, for maintaining and advancing U.S. gas centrifuge uranium enrichment technology. The contract is valued at approximately $25 million and runs through […]
08.10.2016
Centrus Reports Second Quarter 2016 Results
Centrus reported a net loss of $2.9 million or $0.32 per basic and diluted share for the quarter ended June 30, 2016, compared to a net loss of $15.1 million or $1.68 per basic and diluted share for the second quarter of 2015.