Cheniere Corpus Christi to prepay term loans with funds from new notes

By Marisa Wong

Morgantown, W.Va., May 15 – Cheniere Energy, Inc.’s wholly owned subsidiary, Cheniere Corpus Christi Holdings, LLC, plans to prepay a portion of the amounts outstanding under its term loan facility using proceeds from an offering of new notes, according to a press release.

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

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

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