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News Breaks | | | | July 12, 2012 | | 13:49 EDT |  | CQP | Cheniere Energy Partners receives $3.4B lender commitments for Sabine Pass
Cheniere Energy Partners announced that it has received executed firm financial commitments in aggregate of approximately $3.4B to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction project. Commitments for a Term Loan A were received from all of the previously announced joint lead arranger banks and from additional banks and financial institutions. As a result, Cheniere Partners has decided to upsize the Credit Facility and withdraw the previously announced syndication of a $1.25B Term Loan B facility. | |
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