Company: LEU
Filing Date: 2025-11-06
Form Type: S-3ASR
Source: 0001104659-25-107379
Chunk: 20

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: S-3ASR
Chunk 20
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 to a triggering event. Unless earlier terminated or extended in accordance with the Rights
Agreement, the rights issued under the Rights Agreement expire on June 30, 2026.

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<div align='center'>Description Of Debt Securities</div>

The following description,
together with the additional information we include in any applicable prospectus supplement, summarizes certain general terms and provisions
of the debt securities that we may offer in one or more series under this prospectus. When we offer to sell a particular series of debt
securities, we will describe the specific terms of the series in a supplement to this prospectus. We will also indicate in the supplement
to what extent the general terms and provisions described in this prospectus apply to a particular series of debt securities.

We may issue debt securities
either separately, or together with, or upon the conversion or exercise of or in exchange for, other securities described in this prospectus.
Debt securities may be our senior, senior subordinated or subordinated obligations and, unless otherwise specified in a supplement to
this prospectus, the debt securities will be our direct, unsecured obligations.

We will issue the debt securities
under the indenture that we will enter into with a national banking association or other eligible party, as trustee. The indenture will
be qualified under the Trust Indenture Act of 1939, as amended, or the Trust Indenture Act. We have filed the form of indenture as an
exhibit to the registration statement of which this prospectus is a part, and supplemental indentures and forms of debt securities containing
the terms of the debt securities being offered will be filed as exhibits to the registration statement of which this prospectus is a part
or will be incorporated by reference from reports that we file with the SEC.

The following summary of material
provisions of the debt securities and the indenture is subject to, and qualified in its entirety by reference to, all of the provisions
of the indenture applicable to a particular series of debt securities. The summary is not complete. The form of the indenture has been
filed as an exhibit to the registration statement and you should read the indenture for provisions that may be important to you. We urge
you to read the applicable prospectus supplements and any related free writing prospectuses related to the debt securities that we may
offer under this prospectus, as well as the complete indenture that contains the terms of the debt securities.

General

We can issue an unlimited