Cheniere Partners Announces Offering of Senior Notes due 2036 and Senior Notes due 2056
Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE: CQP) announced today that it intends to offer, subject to market and other conditions, Senior Notes due 2036 (the “CQP 2036 Notes”) and Senior Notes due 2056 (the “CQP 2056 Notes” and, together with the CQP 2036 Notes, the “Notes”).
Cheniere Partners intends to use the proceeds from the offering for general partnership purposes, which may include, among other things, the repayment, refinancing or redemption of its and its subsidiaries’ existing indebtedness (including Sabine Pass Liquefaction, LLC’s 5.00% Senior Secured Notes due 2027 (the “SPL 2027 Notes”)), funding capital expenditures, working capital and other business opportunities. This press release does not constitute an offer to purchase or a solicitation of an offer to sell the SPL 2027 Notes or a notice of redemption under the indenture governing the SPL 2027 Notes. The Notes will rank pari passu in right of payment with existing senior notes at Cheniere Partners, including the senior notes due 2029, the senior notes due 2031, the senior notes due 2032, the senior notes due 2033, the senior notes due 2034 and the senior notes due 2035.
