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re: Anyone holding Tellurian?
Posted on 4/6/23 at 9:41 am to lesserof2weevils
Posted on 4/6/23 at 9:41 am to lesserof2weevils
April 6 (Reuters) - U.S. liquefied natural gas (LNG) developer Tellurian Inc (TELL.A) has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1 billion, a regulatory filling by the company showed on Thursday.
Tellurian agreed to sell the land earmarked for its proposed Driftwood liquefied natural gas terminal facility, and then lease back for 40 years at a capitalization rate of 8.75% and a letter of credit equal to 12 months of rent, among other requirements.
Tellurian agreed to sell the land earmarked for its proposed Driftwood liquefied natural gas terminal facility, and then lease back for 40 years at a capitalization rate of 8.75% and a letter of credit equal to 12 months of rent, among other requirements.
1
Posted on 4/6/23 at 9:46 am to JerseyJohn
this doesnt seem like good news?
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