The latest announcement is out from Cheniere Energy (LNG).
Cheniere Energy, Inc. has struck a deal with a consortium of financial institutions, including heavyweights like Goldman Sachs and J.P. Morgan, to issue $1.5 billion in Senior Notes at an interest rate of 5.650%, maturing in 2034. The private transaction, exempt from standard registration due to targeting “qualified institutional buyers” and certain international investors, is part of the company’s strategic financial management, which also involves the redemption of subsidiary CCH’s Senior Secured Notes due 2025. This move showcases Cheniere’s proactive approach to optimizing its capital structure and financial commitments.
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