HOUSTON, March 3, 2017 /PRNewswire/ -- Cheniere Energy,
Inc. ("Cheniere") (NYSE MKT: LNG) announced today that it has
closed on a new four-year $750
million Revolving Credit Facility (the "Revolving Credit
Facility") with nine financial institutions. Borrowings under the
Revolving Credit Facility will bear interest at a rate of London
Interbank Offered Rate (LIBOR) plus 325 basis points per annum.
Undrawn commitment fees are 75 basis points per annum.
Borrowings under the Revolving Credit Facility may be used by
Cheniere to fund equity capital contributions to Cheniere CCH
HoldCo II, LLC, a wholly-owned subsidiary of Cheniere, and for
general corporate purposes, subject to certain restrictions.
Societe Generale is Administrative Agent, and Goldman Sachs Bank
USA, Morgan Stanley Senior
Funding, Inc. and SG Americas Securities, LLC are Joint Lead
Arrangers and Joint Bookrunners. The participating banks are Bank
of America, N.A., Credit Suisse AG, Cayman Islands Branch, Goldman Sachs Bank
USA, HSBC Bank USA, National Association, Mizuho Bank, Ltd., Morgan Stanley Senior
Funding, Inc., Royal Bank of Canada, Societe Generale and Sumitomo Mitsui
Banking Corporation.
Forward-Looking Statements
This press release contains certain statements that may include
"forward-looking statements" within the meanings of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements, other than statements of
historical facts, included herein are "forward-looking statements."
Included among "forward-looking statements" are, among other
things, statements regarding Cheniere's business strategy, plans
and objectives. Although Cheniere believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Cheniere's actual results
could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in Cheniere's periodic reports that are
filed with and available from the Securities and Exchange
Commission. You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Other than as required under the securities laws,
Cheniere does not assume a duty to update these forward-looking
statements.
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SOURCE Cheniere Energy, Inc.