Cheniere Prices $1.2 Billion in 5.8% Senior Notes Due 2037

Cheniere Energy, Inc. priced $1.2 billion in senior notes due in 2037, setting a 5.800% annual interest rate and an issue price of 99.313% of face value. The notes mature March 15, 2037. Cheniere may use the proceeds for general corporate purposes, including refinancing or repaying existing debt, capital expenditures and working capital. The pricing sets the offering’s size, rate and issue price, which were not disclosed in the company’s earlier announcement of the planned offering . Cheniere had identified the subsidiary’s 5.125% secured notes due in 2027 as a potential use of the proceeds.

Source: TokenPost