Energy Fuels Inc. (UUUU,EFR.TO) announced that it plans to offer $550 million aggregate principal amount of Convertible Senior Notes due 2031 in a private placement.
Energy Fuels also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $82.5 million aggregate principal amount of notes.
Energy Fuels expects to use the net proceeds from the convertible notes offering to pay the cost of the capped call transactions and to provide Energy Fuels with additional financial flexibility and enhanced options.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.