Cheniere Partners Announces Offering of Senior Notes due 2034
May 08 2024 - 7:11AM
Business Wire
Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE: CQP)
announced today that it intends to offer, subject to market and
other conditions, Senior Notes due 2034 (the “CQP 2034 Notes”).
Cheniere Partners intends to contribute the proceeds from the
offering to its subsidiary, Sabine Pass Liquefaction, LLC, to be
used to redeem a portion of the outstanding aggregate principal
amount of its senior secured notes due 2025 (the “SPL 2025 Notes”).
This press release does not constitute an offer to purchase or a
solicitation of an offer to sell the SPL 2025 Notes or a notice of
redemption under the indenture governing the SPL 2025 Notes. The
CQP 2034 Notes will rank pari passu in right of payment with
existing senior notes at Cheniere Partners, including the senior
notes due 2029, the senior notes due 2031, the senior notes due
2032 and the senior notes due 2033.
The offer of the CQP 2034 Notes has not been registered under
the Securities Act of 1933, as amended (the “Securities Act”), and
the CQP 2034 Notes may not be offered or sold in the United States
absent registration under the Securities Act or an applicable
exemption from the registration requirements of the Securities Act.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which such offer,
solicitation or sale of these securities would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
Forward-Looking Statements
This press release contains certain statements that may include
“forward-looking statements.” All statements, other than statements
of historical or present facts or conditions, included herein are
“forward-looking statements.” Included among “forward-looking
statements” are, among other things, (i) statements regarding
Cheniere Partners’ financial and operational guidance, business
strategy, plans and objectives, including the development,
construction and operation of liquefaction facilities, (ii)
statements regarding Cheniere Partners’ anticipated quarterly
distributions and ability to make quarterly distributions at the
base amount or any amount, (iii) statements regarding regulatory
authorization and approval expectations, (iv) statements expressing
beliefs and expectations regarding the development of Cheniere
Partners’ LNG terminal and liquefaction business, (v) statements
regarding the business operations and prospects of third-parties,
(vi) statements regarding potential financing arrangements, (vii)
statements regarding future discussions and entry into contracts,
and (viii) statements relating to our goals, commitments and
strategies in relation to environmental matters. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240507684801/en/
Cheniere Energy Partners, L.P. Investors Randy Bhatia,
713-375-5479 Frances Smith, 713-375-5753 Media Relations Eben
Burnham-Snyder, 713-375-5764 Bernardo Fallas, 713-375-5593
Cheniere Energy Partners (NYSE:CQP)
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