Text Size:
A | A

Cheniere Energy Reports Common Stock Public Offering

Text Size: A | A
 
July 16, 2012

Cheniere Energy, Inc. (NYSE Amex: LNG) announced that it has agreed to sell 20,000,000 shares of its common stock in an underwritten public offering under an effective shelf registration statement. The underwriters will have a 30-day option to purchase up to an aggregate of 3,000,000 additional shares of common stock from Cheniere to cover any over-allotments.

The Company intends to use the net proceeds from the offering to repay the $204.6 million principal amount outstanding of the 2.25% convertible notes due August 1, 2012, for capital expenditures on the Creole ...


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