Cheniere subsidiary launches IPO
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Cheniere Energy Inc. has announced that one of its wholly owned subsidiaries, Cheniere Energy Partners LP Holdings LLC has commenced an initial public offering of 30 million common shares representing limited liability company interests in Holdings pursuant to a registration statement on Form S-1 previously filed with the US Securities and Exchange Commission (SEC).
The underwriters will be granted a 30-day option to purchase an additional 4.5 million common shares. The common shares have been approved for listing on the NYSE MKT and subject to official notice of issuance will trade under the symbol ‘CQH’.
Goldman, Sachs & Co., Morgan Stanley, Credit Suisse and RBC Capital Markets will act as the joint book-running managers for the proposed offering. The co-managers of the transaction will be Barclays, Citigroup, J.P. Morgan, Societe Generale, Mitsubishi UFJ Securities, Mizuho Securities, Scotiabank / Howard Weil, HSBC, Banca IMI and SMBC Nikko. The offering of common shares will be made only by means of a prospectus.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/02122013/cheniere_subsidiary_launches_ipo_522/
You might also like
HAM Italia inaugurate first LNG-CNG refuelling station in Italy
HAM Italia and the HAM Group have inaugurated the first EDUX LNG-CNG refuel-ling station in Italy, located in Via del Camposanto.