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Centrus Energy Stock Is Sliding After The Bell: What's Fueling The Sell-Off?

Centrus Energy Stock Is Sliding After The Bell: What's Fueling The Sell-Off?

Centrus Energy Corp (AMEX LEU) shares are trading lower in after-hours on Tuesday after the company announced a private offering of convertible notes.What To Know: Centrus Energy said it plans to offer $650 million of convertible senior notes due 2032 in a private offering to institutional investors. The nuclear fuel supplier expects to grant the initial purchasers a 13-day option to buy up to an additional $100 million of the notes.Centrus intends to use the net proceeds ...Full story available on Benzinga.com

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