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InvestorNewsBreaks – Tellurian Inc. (NYSE American: TELL) Announces $500M Senior Secured Convertible Notes

Tellurian (NYSE American: TELL), a company focused on developing a portfolio of natural gas production, LNG marketing and trading, has executed definitive agreements to sell senior secured convertible notes in the amount of $500 million. The company made the announcement, noting that the agreements are subject to typical closing conditions. According to the announcement, the notes will bear interest at 6% per annum and are set to expire on May 1, 2025; they will also be convertible into shares of Tellurian common stock at an initial conversion price of $5.72, and that price is, subject to customary adjustments. The announcement noted that Roth Capital Partners acted as lead placement agent for the offering.

To view the full press release, visit https://ibn.fm/kkhlm

About Tellurian, Inc.

Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol TELL. For more information about the company, visit www.TellurianInc.com

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