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Prospect News home > News index > List of issuers C > Headlines for Cheniere Corpus Christi Holdings, LLC > News item |
Fitch gives Cheniere notes BBB-
Fitch Ratings said it gave an expected BBB- rating to Cheniere Corpus Christi Holdings, LLC's $500 million of 2039 series notes.
“CCH's ratings reflect cash flows from the sale of liquefied natural gas (LNG). The cash flows provide sufficient coverage of debt service, considering that revenues are generated from long-term sale and purchase agreements (SPAs) with investment-grade and unrated counterparties, with the unrated share rising significantly toward the end of the SPA tenors,” Fitch said in a press release.
The outlook is stable.
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