Cheniere Energy Partners announced that its wholly owned subsidiary, Sabine Pass LNG (SPLNG), intends to offer $420 million principal amount of Senior Secured Notes due 2020 .
SPLNG intends to use the net proceeds from the offering along with net proceeds of up to approximately $194 million from the recently closed equity offering of Cheniere Partners’ common units to fund the concurrent tender offer for its 7.25% Senior Secured Notes due 2013.
[mappress] LNG World News Staff, October 2, 2012