Text Size:
A | A

Cheniere Energy Closes Public Offering Of Common Stock

Text Size: A | A
July 20, 2012

Cheniere Energy, Inc. (NYSE Amex: LNG) announced the closing of its previously announced underwritten public offering of common stock. The size of the offering had been increased from the previously announced 20,000,000 shares of common stock to 28,000,000 shares, which were sold to the public at a price per share of $14.05.

The net proceeds of the offering, after deducting underwriting discounts and estimated offering expenses, were approximately $380.3 million. Cheniere intends to use the net proceeds from the offering, along with available cash, to repay the $204.6 million principal ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription