Sabine Pass Liquefaction LLC, a wholly owned subsidiary of Cheniere Energy Partners LP (NYSE: CQP), has priced its offering of senior secured notes due 2021.
The notes were upsized from US $1 billion to US $1.5 billion. The notes will bear interest at a rate of 5.625% per annum and will mature on Feb. 1, 2021. The notes are priced at par and the closing of the offering is expected on Feb. 1.
Net proceeds will be used to pay capital costs in connection with the construction of the first ...