Companies & Finance

Cheniere Energy Partners secure $4 bln debt financing

Cheniere Energy affiliate Cheniere Energy Partners has secured the services of eight banks to structure and arrange up to $4 billion in debt financing for development and construction of the Sabine Pass LNG liquefaction project, acquisition of the Creole Trail pipeline from parent company Cheniere Energy, and other business purposes.
By Staff reporter 17 April 2012 0 9120

Cheniere Energy affiliate Cheniere Energy Partners has secured the services of eight banks to structure and arrange up to $4 billion in debt financing for development and construction of the Sabine Pass LNG liquefaction project, acquisition of the Creole Trail pipeline from parent company Cheniere Energy, and other business purposes.

The first two 4 mtpa trains of the Sabine Pass plant will cost an estimated $4.5-$5 billion.

The banks are Bank of Tokyo-Mitsubishi, Credit Agricole, Credit Suisse, HSBC, JP Morgan, Morgan Stanley, RBC Capital Markets and SG...