Cheniere Energy to repay term loan in full with notes proceeds

By Sara Rosenberg

New York, Sept. 9 – Cheniere Energy Partners LP plans to repay its entire term loan due 2024 with a portion of the proceeds from a $1.5 billion senior unsecured notes offering, according to a market source.

Remaining proceeds from the notes will be used for general corporate purposes, including funding future capital expenditures in connection with the construction of Train 6 at the Sabine Pass liquefaction project.

The notes offering was upsized from $1 billion.

Cheniere Energy is a Houston-based liquefied natural gas company.

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