Upon completion of the offering, Cheniere Energy, Inc. would retain common units representing approximately 8% of the limited partner interest, subordinated units representing approximately 84% of the limited partner interest, and general partner units representing the entire 2% general partner interest in the publicly traded partnership.
Cheniere Energy Partners, L.P. will own 100 percent of the Sabine Pass LNG receiving terminal currently being constructed by Cheniere in western Cameron Parish, Louisiana on the Sabine Pass Channel.
Citigroup Corporate and Investment Banking, Merrill Lynch & Co. and Credit Suisse are acting as joint book runners and underwriters of the offering.
The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus relating to this offering may be obtained from Citigroup Corporate and Investment Banking, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, N.Y. 11220 (tel.: 718-765-6732); Merrill Lynch, Pierce, Fenner & Smith Incorporated, 4 World Financial Center, 4th Floor, New York, New York 10080 (tel.: 212-449-1000); and Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, New York 10010 (tel.: 800-221-1037).
A registration statement relating to the securities described in this news release has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Cheniere Energy, Inc. is based in Houston, Texas, with offices in Johnson Bayou, Louisiana, and Paris, France.
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