Company: LEU
Filing Date: 2025-08-18
Form Type: 8-K
Source: 0001065059-25-000075
Chunk: 0

Company: CENTRUS ENERGY CORP
Filing Date: 2025-08-18
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into a Material Definitive Agreement

On August 18, 2025, Centrus Energy Corp. (the “ Company”) issued to the several initial purchasers (the “ Initial Purchasers”) $805 million aggregate principal amount of the Company’s 0% convertible senior notes due 2032 (the “ Notes”), pursuant to a purchase agreement among the Company and BofA Securities, Inc. and J. P. Morgan Securities LLC, as representatives of the Initial Purchasers.

The Notes were offered in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “ Securities Act”). The offer and sale of the Notes and the shares of the Company’s Class A common stock, par value $0.10 per share (the “ Class A common stock”), of the Company issuable upon conversion of the Notes, if any, have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction, and unless so registered, the Notes and such shares, if any, may not be offered or sold in the United States except pursuant to an applicable exemption from such registration requirements. This Current Report on Form 8-K (this “ Form 8-K”) does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any offer or sale of, the Notes (or any shares of Class A common stock of the Company issuable upon conversion of the Notes) in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.

In connection with the issuance of the Notes, the Company entered into an indenture, dated August 18, 2025 (the “ Indenture”), between the Company and U. S. Bank Trust Company, National Association, as trustee (the “ Trustee”). The terms of the Notes are governed by the Indenture. The Notes will not bear regular interest, and the principal amount of the notes will not accrete. Special interest will accrue on the notes in the circumstances and at the rates described in the Indenture. The Notes will mature on August 15, 2032, unless repurchased, redeemed or converted in accordance with their terms prior to such date.

The Notes are senior unsecured obligations of the Company and will rank senior in right of