Cheniere Energy subsidiary to repay credit facilities via new notes

By Tali Rackner

Norfolk, Va., May 10 – Cheniere Energy, Inc. wholly owned subsidiary Cheniere Corpus Christi Holdings, LLC plans to prepay a portion of the principal amounts currently outstanding under its credit facilities with the proceeds from a $1 billion senior secured note offering, according to a press release.

Proceeds will also be used to pay fees and expenses incurred in connection with the offering.

Cheniere is a Houston-based energy company focused primarily on LNG-related businesses.

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