Tellurian to raise debt capital

Aug. 29, 2022 7:41 AM ETTellurian Inc. (TELL)By: Niloofer Shaikh, SA News Editor86 Comments
  • Tellurian (NYSE:TELL) to issue 11.25% senior secured notes due 2027 ($1,000 principal amount per note) and warrants to purchase shares of TELL common stock in an underwritten public offering.
  • There can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering.
  • Net proceeds will be used by contributing them to the Driftwood Project entities to support the construction of the Driftwood Project.
  • Shares down 1% PM.

Recommended For You

Comments (86)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.