Aerial view of Corpus Christi plant site
US LNG export player Cheniere said its unit Cheniere Corpus Christi Holdings intends to offer US$1 billion principal amount of senior secured notes due 2027.
The unit plans on using the net proceeds from the offering to prepay a portion of the principal amounts currently outstanding under CCH’s term loan credit facility.
Cheniere is developing a natural gas liquefaction and export project near Corpus Christi, Texas, consisting of three trains each with a nominal production capacity of approximately 4.5 mtpa of LNG.
Trains 1 and 2 are under construction, and Train 3 is being commercialized and has all necessary regulatory approvals in place.
LNG World News Staff
Source: LNG World News