CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE) Files An 8-K Other Events

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CLEAN ENERGY FUELS CORP. (NASDAQ:CLNE) Files An 8-K Other Events
Item 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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