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


<< Apr 2019 >>
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 1 2 3 4 5

Downstream 2019

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

read more >

Central and Eastern Europe SSLNG Forum

SSLNG projects are important for Central and Eastern Europe (CEE) because they offer opportunities for solving issues…

read more >

Klaipeda LNG Forum 2019

Klaipėda LNG forum 2019 organised by Klaipėda Science and Technology Park, Klaipėdos nafta and Embassy of the Netherlands will take place on the 15-16 May at Klaipėda Castle’s site hall, Lithuania.

read more >

Flame 2019

Flame is Europe’s largest gathering of midstream gas & LNG players, bringing together everyone who matters – from producers to utilities, purchasers, infrastructure providers, traders, regulators and policy makers.


More info

read more >