Sabine Pass Liquefaction LLC, a wholly owned subsidiary of Cheniere Energy Partners LP (NYSE: CQP), has closed its offering of US $1.5 billion senior secured notes due 2021.
Net proceeds will be used to pay capital costs in connection with the construction of the first two LNG liquefaction trains at Sabine Liquefaction’s facility in Cameron Parish, La., and fees and expenses incurred associated with the offering.
Net proceeds will be used in lieu of a portion of Sabine Liquefaction's US $3.6 billion term loan A credit facility.
Cheniere Energy Inc. ...