NEWS: Tellurian Closes $260 Million Asset Sale and Retires Senior Secured Debt
Tellurian has successfully completed the sale of its integrated upstream assets for $260 million to affiliates of Aethon Energy Management. The proceeds were used to retire $230 million of non-convertible Senior Secured Notes maturing in 2025. This move significantly strengthens Tellurian's balance sheet, enhancing its ability to advance the Driftwood LNG project. Aethon Energy, now integrating Tellurian's assets into its Haynesville operations, aims to generate compelling returns and support net zero natural gas goals. The transaction is a critical step in securing Tellurian's financial stability and progressing the development of Driftwood LNG
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