USA: Cheniere Launches New Credit Facilities

Cheniere Launches New Credit Facilities

Cheniere Energy Partners announced today that it will launch the syndication of two new credit facilities totaling approximately $2 billion with a bank meeting to be held on Tuesday.

The new senior secured syndicated credit facilities include approximately $750 million at Cheniere Partners and approximately $1.3 billion at Sabine Pass Liquefaction.

Net proceeds from the Cheniere Partners credit facility will be used to fund the acquisition of the Creole Trail Pipeline, to pay for pipeline improvement and modification costs, and for other general business purposes.

Net proceeds from the Sabine Pass Liquefaction credit facility will be used to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction project.

LNG World News Staff, May 24, 2012

Share this article

Follow LNG World News

Events>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

CWC’s 14th World LNG Series: Americas Summit & Exhibition

The World LNG Series: Americas Summit & Exhibition, now in its 14th year, is the forum of choice…

read more >

Colombia Oil & Gas Conference

The event is a platform for national and international players to meet with Colombian government representatives…

read more >

LNG Fuel Forum North America

LNG Fuel Forum North America highlights marine LNG fuel supply, regulation and conversion experiences…

read more >

APPEA Conference & Exhibition 2016

The APPEA Oil and Gas Conference & Exhibition is the largest annual upstream oil and gas event in the southern hemisphere…

read more >