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


<< Dec 2019 >>
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

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >