Jun 10, 2022
Tellurian (NYSE American: TELL), a company focused on developing a portfolio of natural gas production, LNG marketing and trading, has executed definitive agreements to sell senior secured convertible notes in the amount of $500 million. The company made the announcement, noting that the agreements are subject to typical closing conditions. According to the announcement, the notes will bear interest at 6% per annum and are set to expire on May 1, 2025; they will also be convertible into shares of Tellurian common stock at an initial conversion price of $5.72, and that price is, subject to customary adjustments. The announcement noted that Roth Capital Partners acted as lead placement agent for the offering.
To view the full press release, visit https://ibn.fm/kkhlm
About Tellurian, Inc.
Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol TELL. For more information about the company, visit www.TellurianInc.com
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.
The raucous demonstrations by opposition groups on Monday followed days of an effective lockdown and mass detentions of young protesters by security forces.
Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.
European nations that condemn the Taliban government for its human rights record are seeking its help to deport refugees back to Afghanistan.
Both sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.
US start-up OpenAI’s latest advances in artificial intelligence may be a tipping point that leads to a breakthrough for the robotics industry as soon as next year, according to the founder of Chinese giant Unitree Robotics. Wang Xingxing, also the CEO of the Hangzhou-based company, said on Monday that OpenAI’s recently released GPT-6 model prompted expectations that a breakthrough could happen “within one or two years”. “It’s possible that, say, a GPT-7 model released next year could directly...
At first glance, the story of Kyrgyzstan’s satellite launch seemed like a genuine achievement. Then the story changed.
Australia’s incoming political finance laws will cap donations and electioneering spending for the first time, but the limits are generous, the rules complex, and the two-year delay suspiciously convenient for the major parties.
A diplomatic rift is growing after a North Korean prisoner transfer that Kyiv revealed against Seoul’s wishes.
Indian opposition leaders and student activists marched on the Supreme Court on Monday to demand the resignation of the country’s election chief over alleged voter roll manipulation, as authorities erected heavy barricades and shut six metro stations across New Delhi. The rally went ahead after the Chief Justice of India turned down a meeting request from an opposition delegation, urging them instead to file a formal petition. Mainstream opposition parties have sought to harness a groundswell of...
For the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.
Southeast Asia’s drug labs are pumping out unprecedented amounts of meth and other synthetic drugs.
An investment surge into artificial intelligence may be helping prop up a global economy battered by energy supply shocks, but the technology’s potential to cull jobs requires swift mitigation if Asia’s youth are to secure a place in the future workforce, delegates were warned at the IMF–World Bank annual meetings in Bangkok on Monday. Soaring energy prices, persistent inflation and mounting debt framed the opening of the week-long summit, which was last hosted in the Thai capital in...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.