Houston LNG exporter to seek $1.5B in debt funding

Houston-based Cheniere Energy Inc. (NYSE American: LNG) is turning to debt markets to raise the next wave of funds it needs to expand its flagship asset in Louisiana.

The company will try to sell $1.5 billion in senior notes due 2029, up from its initial $1 billion plan, according to a Sept. 9 press release. Some of the proceeds with go toward paying down outstanding debt, but the remainder will go toward the catch-all “general corporate purposes,” the company said. The company specifically…


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