HOUSTON, TX–(Marketwired – December 07, 2017) – Tellurian Inc. (Tellurian or the Company) (NASDAQ: TELL) today announced that it intends to offer for sale 8,000,000 shares of its common stock in an underwritten public offering. The Company expects to grant the underwriter a 30-day option to purchase up to 1,200,000 additional shares of common stock of the Company to cover over-allotments, if any. The Company intends to use the net proceeds from this offering for detailed engineering of an LNG terminal facility and an associated pipeline in Southwest Louisiana, general corporate purposes and working capital.
Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.
The offering is being made pursuant to an effective shelf registration statement of the Company previously filed with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and the accompanying prospectus. Copies of the preliminary prospectus supplement for the offering and the accompanying prospectus may be obtained by sending a request to Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, Telephone: 1-800-221-1037, E-mail: firstname.lastname@example.org.