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FuelCell Energy, Inc. Announces Closing of Senior Unsecured Convertible Notes Offering (FuelCell Energy Inc)

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(Source: FuelCell Energy Inc) DANBURY, Conn., June 25, 2013 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, announced today the closing of its senior unsecured convertible notes offering. The offering, which closed on June 25, 2013, consisted of 8.00% senior unsecured convertible notes due June 15, 2018. Under the terms of the notes, the Company will pay interest semi-annually in arrears and the notes will mature on June 15, 2018, unless converted as described below. The notes are convertible into shares of FuelCell Energy common stock at a conversion rate...

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