Cheniere Energy Partners (CQP) Prices 8M Offering at $25.07/Unit

Article Related Press Releases (2) Related Articles (1) Stock Quotes (1) Comments (0)

Cheniere Energy Partners L.P. (AMEX: CQP) announced today the pricing of its previously announced underwritten public offering of 8,000,000 common units representing limited partner interests of Cheniere Partners at a price of $25.07 per common unit. Underwriters of the public offering include Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, Citigroup, Deutsche Bank Securities, J.P. Morgan Securities LLC, and RBC Capital Markets. Cheniere Partners has also granted the underwriters a 30-day option to purchase up to 1,200,000 additional common units to cover any over-allotments. Cheniere Partners intends to use the net proceeds for partial repayment of the 7.25% Senior Secured Notes due November 2013 that was issued by Sabine Pass LNG, L.P., our wholly owned subsidiary, and, to the extent not so used, for general business purposes. The closing of the offering is expected to occur on September 25, 2012.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Bloomin' Brands (BLMN) Prices 19M Common Stock Secondary Offering
• Silver Wheaton (SLW) Comments on Pascua-Lama; 'Remain Confident' in Barrick (ABX)
• A.G. Lafley Returns as President/CEO of Procter & Gamble (PG)

Create E-mail Alert Related Categories

Corporate News, Equity Offerings

Related Entities

Credit Suisse, Deutsche Bank, JPMorgan, Citi, Morgan Stanley, RBC Capital

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?