Cheniere Secures $3.4B Loan For LNG Export Project

Law360, New York (July 12, 2012, 8:19 PM EDT) -- Cheniere Energy Partners LP on Wednesday put some of the finishing touches on a $5.6 billion financing package for the first phase of its Louisiana natural gas liquefaction and export complex, nailing down a $3.4 billion term loan that puts the project one step away from construction.

Cheniere, a unit of Houston-based Cheniere Energy Inc., announced that it secured firm financial commitments from eight lead arranger banks as well as other banks and financial institutions who have agreed to back the project, which is poised to...
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