logo
Share SHARE
FONT-SIZE Plus   Neg

Cheniere Energy To Sell 31 Mln Shares At $15.10/Shr - Quick Facts

Cheniere Energy Inc. (LNG), a Houston-based energy company, has reached a definitive deal with institutional investors to sell 31.0 million common shares at a negotiated price per share of $15.10. The offering may close and settle on May 10, 2012.

The company plans to use the net proceeds from the offering of around $467.9 million to invest in Cheniere Energy Partners L.P. in exchange for equity securities anticipated to be issued in association with the financing of Cheniere Partners' proposed Sabine Pass liquefaction project.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
As most of us are painfully aware, the days of the pension are mostly gone. The percentage of employers still offering a traditional defined benefit pension plan to newly hired employees fell from about 50% to 5% between 1998 and 2015, according to advisory firm Willis Towers Watson. Many companies... Cruise Critic, a cruise reviews and information site, has announced its 10th annual Editors' Picks Awards for the best cruise ships and lines of 2017. The awards are given in three categories - ocean cruises, luxury cruises and river cruises. Viking Cruises, with five wins, topped the list of award winners. Following Viking in second spot was Crystal Cruises, with four awards. French real estate company Unibail-Rodamco SE Tuesday announced that it has entered into an agreement to acquire Australian shopping centre group Westfield Corp. in a deal that implies an enterprise value of $24.7 billion. The deal is expected to create the world's premier developer and operator of flagship shopping destinations with 61.1 billion euros or $72.2 billion of Gross Market Value.
comments powered by Disqus
Follow RTT