T1 Energy prices USD 120 million 4.75% convertible senior notes due 2031 in private placement

Reuters2026/07/30 10:02

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T1 Energy entered note purchase agreements for a private placement of USD 120 million 4.75% convertible senior notes due 2031.
Proceeds earmarked for Phase 1 infrastructure and production-line equipment at its G2_Austin solar cell fab, remaining funds for general corporate purposes.
Notes mature Aug. 1, 2031; interest paid Feb. 1 and Aug. 1 starting Feb. 1, 2027.
Initial conversion price about USD 4.46 per share, a roughly 20% premium to the July 29 close of USD 3.72.
Issuer call option begins Aug. 6, 2029, subject to a 130% stock-price trigger versus the conversion price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. T1 Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300600PRIMZONECNPR____9800835) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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T1 Energy prices USD 120 million 4.75% convertible senior notes due 2031 in private placement

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