Benzinga | Mar 15, 2021 07:28AM EDT

Tellurian Repays 2019 Term Loan In Full Using ~$38M In Cash On Hand, Reduces Outstanding Debt Balance To ~$21M

Tellurian Inc. (Tellurian) (NASDAQ:TELL) announced today that it has repaid its 2019 Term Loan in full after making a voluntary prepayment of approximately $38 million using cash on hand. As a result of this prepayment, Tellurian has reduced its outstanding debt balance to approximately $21 million.