Chatterjee Fund Management and The Chatterjee Group, a multibillion dollar private equity firm, have increased their stakes in LNG developer Tellurian to 7.3% and 7% respectively. Tellurian has announced an exchange of $4.6 million debt for common shares and plans to issue shares to institutional investors to reduce debt. Additionally, Tellurian has hired a financial adviser following new investments, which came after the termination of former Chairman Souki.
New Tellurian investments follow termination of former Chairman Souki https://t.co/lzTTxB5tmM
LNG developer Tellurian hires financial adviser https://t.co/3vuiWC0Dai https://t.co/dSmInZ7AmG
Tellurian to issue shares to institutional investor to reduce debt https://t.co/DiZAbbOdX8 https://t.co/sMdTmhWSz8
Chatterjee Fund Management boosts stake in LNG developer Tellurian to 7.3% https://t.co/y1FgrZtK9T https://t.co/nUMAECBdWU
Vext Announces Exchange of $4.6 Million Debt for Common Shares $VEXT $VEXTF https://t.co/r3xBA6ONTY
The Chatterjee Group, a multibillion dollar private equity firm, acquires 7% of Tellurian common stock $TELL https://t.co/8n6mwj4tPj