Cheniere’s Sabine Pass Liquefaction plans new US$1 bln senior notes offering

Cheniere's Sabine Pass Liquefaction plans new US$1 bln senior notes offering
Image courtesy of Cheniere

Cheniere Energy Partners, a limited partnership formed by Cheniere Energy, informed that its Sabine Pass Liquefaction unit intends to offer US$1 billion principal amount of senior secured notes due 2027.

The net proceeds from the offering are planned to be used to prepay a portion of the principal amounts currently outstanding under Sabine Pass Liquefaction’s credit facilities, the partnership said in a statement.

The SPL 2027 notes will rank pari passu in right of payment with all existing and future senior secured indebtedness of Sabine Pass Liquefaction, including borrowings under the 2015 SPL Credit Facilities, its outstanding senior secured notes due 2021, senior secured notes due 2022, senior secured notes due 2023, senior secured notes due 2024, senior secured notes due 2025, and senior secured notes due 2026 and its obligations under its working capital facility, the partnership said.

Earlier in June, the company made a similar offering of $1 billion principal amount of Sabine Pass Liquefaction senior secured notes due 2026.

 

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association…

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >