Sabine Pass to repay credit facilities via $1 billion note offering

By Tali Rackner

Norfolk, Va., June 8 – Sabine Pass Liquefaction, 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 from parent company Cheniere Energy Partners, LP.

Proceeds will also be used to pay fees and expenses associated with the offering.

Sabine Pass is a Houston-based liquid natural gas company.

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