| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Sabine Pass Liquefaction, LLC > News item |
S&P rates Sabine Pass notes BB+
S&P said it assigned a preliminary BB+ project finance rating to Sabine Pass Liquefaction, LLC’s $1 billion senior notes due 2026.
The agency also said it assigned a preliminary 2 recovery rating to this debt.
S&P also said it affirmed the BB+ rating on the remaining debt tranches.
The outlook is stable.
The recovery rating on all debt is 2, indicating 70% to 90% expected default recovery.
The refinancing of the debt does not change the construction phase stand-alone credit profile on the company, the agency said.
The rating is still constrained by the construction phase stand-alone credit profile of BB+, S&P said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.