The convertible senior secured notes are due 2025

Davis Polk advised the placement agent in connection with an SEC-registered direct offering of $500 million principal amount of 6.00% convertible senior secured notes due 2025 of Tellurian Inc.

Tellurian is a Houston-based company that is developing and plans to operate a portfolio of natural gas, LNG marketing, and infrastructure assets that includes an LNG terminal facility, an associated pipeline, other related pipelines, and upstream natural gas assets. Tellurian’s existing natural gas assets consist of 13,521 net acres and interests in 82 producing wells located in the Haynesville Shale trend of northern Louisiana. Tellurian is listed on the NYSE American under the symbol “TELL.”

The Davis Polk corporate team included partner Derek Dostal and associates Arisa A. Sin and Benjamin Guillon. The equity derivatives team included partner John M. Brandow and associates Hanbing Zhang and Kanger Jin. All members of the Davis Polk team are based in the New York office.