Tellurian Executes Agreements for $50 Million Financing and Reduction of Term Loan

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Apr 28, 2020
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Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today it has executed an agreement to sell $56 million of zero coupon, unsecured notes for gross proceeds of $50 million and provide the lender with warrants to purchase up to 20 million shares of Tellurian common stock, subject to customary closing conditions.