• Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
  • March 2, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Cheniere Energy Partners, L.P. announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC (SPL), will offer $2 billion of Senior Secured Notes, priced at par, with an interest rate of 5.625% per annum to mature on March 1, 2025. The offering is expected to close on March 3, 2015. SPL intends to apply the net proceeds from the offering to pay capital costs and reduce credit commitments related to the construction of the first four liquefaction trains at its LNG export terminal in Cameron Parish, La.