HOUSTON, Feb. 27, 2017 /PRNewswire/ -- Cheniere Energy
Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) announced
today that its wholly owned subsidiary, Sabine Pass Liquefaction,
LLC ("SPL"), closed on the previously announced private placement
transaction, and has issued $800
million principal amount of 5.00% Senior Secured Notes due
2037 (the "SPL 2037 Notes") pursuant to Section 4(a)(2) of the
Securities Act of 1933, as amended.
SPL has received gross proceeds of $800
million, which it intends to use to prepay all of the
principal amounts currently outstanding under SPL's credit
facilities and to pay capital costs in connection with the
construction of Trains 1 through 5 of the Sabine Pass Liquefaction
Project (after deducting the estimated fees, expenses and
incremental interest during construction related to the SPL 2037
Notes).
Forward-Looking Statements
This press release contains certain statements that may include
"forward-looking statements." All statements, other than statements
of historical fact, included herein are "forward-looking
statements." Included among "forward-looking statements" are, among
other things, statements regarding Cheniere Partners' business
strategy, plans and objectives, including the use of proceeds from
the offering. Although Cheniere Partners believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Cheniere
Partners' actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in Cheniere Partners'
periodic reports that are filed with and available from the
Securities and Exchange Commission. You should not place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. Other than as required under the
securities laws, Cheniere Partners does not assume a duty to update
these forward-looking statements.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cheniere-partners-announces-closing-of-private-placement-of-800-million-of-senior-secured-notes-due-2037-by-sabine-pass-liquefaction-llc-300413696.html
SOURCE Cheniere Energy Partners, L.P.