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Energy Fuels Announces Pricing of Upsized $600 Million Offering of 0.75% Convertible Senior Notes Due 2031
Energy Fuels Inc. ("Energy Fuels") (NYSE: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earths, and critical minerals, today announced the pricing of $600 million aggregate principal amount of 0.75% Convertible Senior Notes due 2031 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering was increased fr
About this update from Energy Fuels Inc.
[{"type":"text","content":"DENVER, Oct. 1, 2025 /CNW/ - Energy Fuels Inc. ("Energy Fuels") (NYSE: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earths, and critical minerals, today announced the pricing of $600 million aggregate principal amount of 0.75% Convertible Senior Notes due 2031 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering was increased from the previously announced $550.0 million aggregate principal amount of notes.","length":648,"tagName":"p"},{"type":"image","alt":"Energy Fuels Inc., a US-based uranium and rare earth elements producer. (CNW Group/Energy Fuels Inc.)","displaySize":"","headline":null,"caption":"Energy Fuels Inc., a US-based uranium and rare earth elements producer. (CNW Group/Energy Fuels Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":91,"url":"https://media.zenfs.com/en/prnewswire.com/537cc45e9bc55b668f9c3eed1898f566"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2AnTkGTk7KJHjn8vZLlLvw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/537cc45e9bc55b668f9c3eed1898f566","width":400,"height":91}},"href":"https://mma.prnewswire.com/media/2786743/Energy_Fuels_Inc__Energy_Fuels_Announces_Pricing_of_Upsized__600.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In addition, Energy Fuels granted the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $100 million aggregate principal amount of notes. The offering is expected to close on October 3, 2025, subject to the satisfaction of customary closing conditions.","length":375,"tagName":"p"},{"type":"text","content":"The notes will be general senior unsecured obligations of Energy Fuels and will accrue interest payable semiannually in arrears on May 1 and November 1 of each year, beginning on May 1, 2026, at a rate of 0.75% per year. The Notes will mature on November 1, 2031, unless earlier converted, redeemed or repurchased.","length":314,"tagName":"p"},{"type":"text","content":"Energy Fuels estimates that the net...