Press Releases

Cheniere Energy, Inc. NYSE: LNG

Cheniere Announces Upsizing and Pricing of Cheniere Energy Partners LP Holdings Initial Public Offering

HOUSTON, Dec. 12, 2013 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that one of its wholly owned subsidiaries, Cheniere Energy Partners LP Holdings, LLC (NYSE MKT: CQH) ("Holdings") has upsized and priced its previously announced initial public offering of common shares representing limited liability company interests in Holdings pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission ("SEC").  The size of the offering has been increased from the initially announced 30,000,000 common shares to 36,000,000 common shares at a price to the public of $20.00 per share. The shares are expected to begin trading on NYSE MKT on December 13, 2013 under the symbol "CQH".  In addition, the underwriters have been granted a 30-day option to purchase an additional 5,400,000 common shares. The offering is expected to close on December 18, 2013, subject to customary closing conditions.


Cheniere will ultimately receive the net proceeds from the initial public offering as a result of the repayment of indebtedness owed by Holdings to Cheniere and the payment of a distribution to Cheniere. Cheniere intends to use the cash it receives from Holdings for the development of its existing assets, future projects and general corporate purposes.

Goldman, Sachs & Co., Morgan Stanley, Credit Suisse and RBC Capital Markets are the joint book-running managers for the offering. In addition, Barclays, Citigroup, J.P. Morgan, Societe Generale, Mitsubishi UFJ Securities, Mizuho Securities, Scotiabank / Howard Weil, HSBC, Banca IMI and SMBC Nikko are acting as the co-managers in the transaction. The offering of common shares will be made only by means of a prospectus.

A written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained through:

Goldman, Sachs & Co

Morgan Stanley & Co. LLC

Attn: Prospectus Department

Attn: Prospectus Department

200 West Street

180 Varick Street, 2nd Floor

New York, NY 10282

New York, NY 10014


Telephone: (866) 471-2526

Facsimile: (212) 902-9316

Credit Suisse Securities (USA) LLC

RBC Capital Markets, LLC

Attention: Prospectus Department

Attn: Equity Syndicate

One Madison Avenue

Three World Financial Center

New York, NY 10010

200 Vesey Street, 8th Floor


New York, NY 10281-8098

Telephone: (800) 221-1037

Telephone: (877) 822-4089

A registration statement relating to the securities described in this news release has been filed with, and declared effective by, the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements". All statements, other than statements of historical facts, included herein are "forward-looking statements." These forward-looking statements involve certain risks and uncertainties, including, among others, risks impacting the ability of Cheniere and Holdings to complete the public offering of its securities because of general market conditions or other factors. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.

SOURCE Cheniere Energy, Inc.; Cheniere Energy Partners LP Holdings, LLC