Sabine Pass Liquefaction Closes USD 1.5 Billion Private Placement, USA

Sabine Pass Liquefaction Closes USD 1.5 Billion Private Placement, USA
Posted on Feb 4th, 2013

Cheniere Energy Partners said that its wholly owned subsidiary, Sabine Pass Liquefaction, has closed the previously announced private placement of $1.5 billion aggregate principal amount of its 5.625% Senior Secured Notes due 2021.

http://www.lngworldnews.com/sabine-pass-liquefaction-closes-usd-1-5-billion-private-placement-usa/

Rating Action: Moody's affirms Sabine Pass Liquefaction's upsized $1.5 billion senior secured notes. Outlook remains stable.

Rating Action: Moody's affirms Sabine Pass Liquefaction's upsized $1.5 billion senior secured notes. Outlook remains stable.

Global Credit Research - 29 Jan 2013
Approximately $6 billion of debt affected

New York, January 29, 2013 -- Moody's Investors Service affirmed Sabine Pass Liquefaction's (SPL) Ba3 rating on its upsized $1.5 billion of senior secured notes due 2021. The senior secured note offering was previously sized at $1 billion. Moody's also affirmed SPL's Ba3 on its $3.6 billion first lien bank term loan due 2019 and Sabine Pass LNG's (SPLNG) B1 rating on its $2.1 billion in senior secured notes. The rating outlooks for SPL and SPLNG are stable.

http://www.moodys.com/credit-ratings/Sabine-Pass-Liquefaction-LLC-credit-rating-823099178