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
The Federal Communications Commission or FCC will not take any action against CBS Corp.'s "Late Show with Stephen Colbert" despite receiving thousands of complaints about the talk show comedian's controversial joke about President Donald Trump. The U.S. government filed a civil lawsuit on Tuesday against Fiat Chrysler Automobiles, accusing the automaker of installing software in more than 100,000 diesel vehicles to cheat emission controls. The lawsuit alleges that Fiat Chrysler equipped nearly 104,000 light duty diesel vehicles containing 3.0 liter EcoDiesel engines with software functions that were not disclosed to regulators. A college degree is a necessity for a rewarding, well-paying job with possibility for career advancement and also for entry into most professional careers. On average, college graduates earn much more than high school graduates throughout their lifetime. In addition to the earnings potential, students...
comments powered by Disqus
Follow RTT