Cheniere Partners prices $1.75 billion in senior notes offering

Cheniere Energy Partners, L.P. (NYSE: CQP) announced it has priced a $1.75 billion senior notes offering consisting of two tranches with different maturity dates.

The company will issue $1 billion in senior notes due 2036 at an interest rate of 5.350% per annum, priced at 99.511% of par value. An additional $750 million in senior notes due 2056 will carry a 6.050% annual interest rate and be priced at 99.698% of par value. Both note series will mature on November 30 of their respective years.

The offering is expected to close on June 9, 2026, according to the company's statement.

Cheniere Partners plans to use the proceeds for general partnership purposes, which may include repaying, refinancing or redeeming existing debt of the company and its subsidiaries. This could include Sabine Pass Liquefaction, LLC's 5.00% senior secured notes due 2027. The funds may also support capital expenditures, working capital and other business opportunities.

The new notes will rank equally in payment priority with Cheniere Partners' existing senior notes, including those due in 2029, 2031, 2032, 2033, 2034 and 2035.

The notes have not been registered under the Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption from registration requirements.

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