Company: LEU
Filing Date: 2025-05-09
Form Type: 424B5
Source: 0001104659-25-046715
Chunk: 39

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-09
Form: 424B5
Chunk 39
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No Protection In the Event of a Change of Control

Unless we state otherwise
in the applicable prospectus supplement, the debt securities will not contain any provisions which may afford holders of the debt securities
protection in the event we have a change in control or in the event of a highly leveraged transaction (whether or not such transaction
results in a change in control) which could adversely affect holders of debt securities.

Consolidation, Merger and Sale of Assets

Centrus may not consolidate
with or merge with or into, or convey, transfer or lease all or substantially all of its assets to any person (a “successor person”)
unless:

| · | Centrus                                                                                       
 is the surviving corporation or the successor person (if other than Centrus) is a corporation 
 organized and validly existing under the laws of any U.S. domestic jurisdiction and expressly 
 assumes Centrus’s obligations on the debt securities and under the indenture; and             |

| · | immediately                                                                                 
 after giving effect to the transaction, no default or event of default, shall have occurred 
 and be continuing.                                                                          |

Notwithstanding the above,
any of Centrus’s subsidiaries may consolidate with, merge into or transfer all or part of its properties to Centrus.

Events of Default

“Event of Default”
means with respect to any series of debt securities, any of the following:

| · | default                                                                                           
 in the payment of any interest upon any debt security of that series when it becomes due          
 and payable, and continuance of such default for a period of 30 days (unless the entire amount    
 of the payment is deposited by us with the trustee or with a paying agent prior to the expiration 
 of the 30-day period);                                                                            |

| · | default                                                                     
 in the payment of principal of any security of that series at its maturity; |

| · | default                                                                                         
 in the performance or breach of any covenant by us in the indenture (other than defaults        
 described above or defaults relating to a covenant that has been included in the indenture      
 solely for the benefit of a series of debt securities other than that series), which default    
 continues uncured for a period of 60 days after we receive written notice from the trustee,     
 or we and the trustee receive written notice from the holders of not less than 25% in principal 
 amount of the outstanding debt securities of that series as provided in the indenture;          |

| · | certain                                                                                     
 voluntary or involuntary events of bankruptcy, insolvency or re