Form: 8-K

Current report filing

November 14, 2016

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 10, 2016

 

CLEAN ENERGY FUELS CORP.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-33480

 

33-0968580

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

4675 MacArthur Court, Suite 800

 

 

Newport Beach, CA

 

92660

(Address of Principal Executive Offices)

 

Zip Code

 

(949) 437-1000

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 8.01.  Other Events.

 

As previously disclosed, the board of directors of Clean Energy Fuels Corp. (the “Company”) has authorized and approved the use of up to $50.0 million to opportunistically purchase the Company’s outstanding 5.25% Convertible Senior Notes due 2018 (the “5.25% Notes”) in the open market. Pursuant to this approval, on November 10, 2016, the Company purchased $14.2 million in face amount of the 5.25% Notes for a purchase price of $12.3 million.  Since January 1, 2016, the Company has purchased $59.6 million in aggregate principal amount of 5.25% Notes for an aggregate of $37.2 million in cash, plus payment of accrued and unpaid interest thereon.  Additionally, pursuant to a privately negotiated exchange agreement with certain holders of the 5.25% Notes, during 2016 the Company has issued an aggregate of 6,265,829 shares of common stock in exchange for an aggregate principal amount of $25.0 million of 5.25% Notes held by such holders.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 14, 2016

Clean Energy Fuels Corp.

 

 

 

 

 

By:

/s/ Andrew J. Littlefair

 

 

Name: Andrew J. Littlefair

 

 

Title: President and Chief Executive Officer

 

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