Cheniere Energy Plans 2037 Notes, Names 2027 Debt as Possible Use

Cheniere Energy, Inc. plans to offer senior notes due in 2037, with proceeds potentially supporting debt refinancing, capital expenditures and working capital, including repayment of a subsidiary’s 2027 notes. The company has not disclosed the offering’s size, coupon, price or expected closing date. The proposed sale is subject to market and other conditions. Potential uses of proceeds include repaying, refinancing or redeeming existing debt at Cheniere or its subsidiaries. Cheniere specifically named Cheniere Corpus Christi Holdings’ 5.125% senior secured notes due in 2027 as one possible target.

Source: TokenPost