Cheniere announces senior notes offering due 2036 and 2056
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Dividend Yield: 0.9%
EPS Growth %: -59.9%
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Cheniere Energy Inc. (NYSE: LNG) announced plans to offer senior notes due 2036 and senior notes due 2056, subject to market and other conditions, according to a company statement.
The Houston-based liquefied natural gas company intends to use proceeds from the offering for general corporate purposes. These may include repayment, refinancing or redemption of existing debt from Cheniere and its subsidiaries, including amounts under Cheniere Corpus Christi Holdings LLC's term loan facility. The funds may also support capital expenditures, working capital and other business opportunities.
The notes will rank equally with Cheniere's existing senior notes, including those due 2028 and 2034. The offering has not been registered under the Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption.
The company stated that the press release does not constitute an offer to sell or solicitation to buy the securities. Any such offer or sale would be unlawful in jurisdictions requiring registration or qualification under local securities laws.
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