HOUSTON - Cheniere Energy, Inc. (NYSE: NYSE:LNG), a leading liquefied natural gas company, announced the pricing of its Senior Notes offering due April 15, 2034. The notes are priced at 99.789% of par value and carry an annual interest rate of 5.650%. The expected closing date for the offering is March 19, 2024.
The company plans to use the proceeds from this offering to repay, in whole or in part, the approximately $1.5 billion outstanding principal amount of its subsidiary Cheniere Corpus Christi Holdings, LLC’s senior secured notes due in 2025. The newly issued 2034 notes will be on par with Cheniere's existing senior notes, including those due in 2028.
This offering has not been registered under the Securities Act of 1933 and, as such, the notes cannot be offered or sold in the United States without registration or an exemption from registration requirements. The press release made clear that this announcement is not an offer to sell or a solicitation of an offer to purchase the Cheniere 2034 Notes.
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