CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE) Files An 8-K Other EventsItem 8.01. Other Events.
On December 22, 2016, Clean Energy Fuels Corp. (the “Company”) purchased $50.0 million in face amount of its outstanding 5.25% Convertible Senior Notes due 2018 (the “5.25% Notes”) in the open market for a purchase price of $42.75 million. Since January 1, 2016, the Company has purchased $114.6 million in aggregate principal amount of 5.25% Notes for an aggregate of $84.3 million in cash, plus payment of accrued and unpaid interest thereon. Additionally, to a privately negotiated exchange agreement with certain holders of the 5.25% Notes, during 2016 the Company has issued an aggregate of 6,265,829 shares of common stock in exchange for an aggregate principal amount of $25.0 million of 5.25% Notes held by such holders.
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About CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE)
Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation, repair and maintenance (O&M) services for vehicle fleet customer stations. The Company designs, builds, operates, services, repairs and maintains fueling stations; manufactures, sells and services non-lubricated natural gas fueling compressors and other equipment used in CNG stations and LNG stations; offers assessment, design and modification solutions to provide operators with code-compliant service and maintenance facilities for natural gas vehicle fleets, transports, and sells CNG to large industrial and institutional energy users not having direct access to natural gas pipelines; processes and sells RNG. CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE) Recent Trading Information
CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE) closed its last trading session up +0.04 at 3.06 with 1,756,049 shares trading hands.