Cheniere Energy Partners LP (NYSE: CQP) announced that its wholly-owned subsidiary, Sabine Pass LNG LP, intends to offer $420 million principal amount of senior secured notes due 2020.
SPLNG intends to use the net proceeds from the offering along with net proceeds of up to approximately $194 million from the recently closed equity offering of Cheniere Partners' common units to fund the concurrent tender offer for its 7.25% senior secured notes due 2013.
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