USA: Cheniere Closes Public Offering of Common Stock


Cheniere Energy, Inc. announced the closing of its previously announced underwritten public offering of common stock.

The size of the offering had been increased from the previously announced 8,700,000 shares of common stock to 11,000,000 shares. Additionally, the underwriter has exercised the full over-allotment option of 1,650,000 shares.

After giving effect to the upsizing of the offering and the exercise of the over-allotment option, the public offering consisted of 12,650,000 shares which were sold to the public at a price per share of $10.35.

The net proceeds of the offering, after deducting Cheniere’s estimated offering expenses, were approximately $123.1 million. The Company intends to use the net proceeds from the offering for general corporate purposes.


Source: Cheniere, June 7, 2011;


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