Cheniere Energy to issue stock in exchange for $77.17 million 2.25% convertibles due 2012

By Susanna Moon

Chicago, May 5 - Cheniere Energy, Inc. will issue 3,985,000 common shares in exchange for $77.17 million principal amount of its 2.25% convertible senior notes due 2012.

The company agreed to the exchange in separate, privately negotiated agreements with unrelated holders. Cheniere will issue $13,525,000 of the shares.

The company issued 520,000 of the shares on April 16, 465,000 of the shares on April 29 and 3 million of the shares on April 30.

The Houston-based issuer is a developer, builder, owner and operator of onshore liquefied natural gas receiving terminals and related natural gas pipelines.

© 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.