Cheniere’s Sabine unit to repay some facility borrowings via new notes

By Marisa Wong

Morgantown, W.Va., Sept. 19 – Cheniere Energy Partners, LP said its wholly owned subsidiary, Sabine Pass Liquefaction, LLC, intends to prepay a portion of the amounts currently outstanding under its 2015 credit facilities using proceeds from an offering of senior secured notes.

The company announced on Monday that it plans to offer $1 billion of notes due 2027.

The liquid natural gas company is based in Houston.

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