Cheniere Energy Partners has readied a share offering aimed at raising funds for its liquefaction project at its Sabine Pass LNG import terminal.
The Houston company, a spin-off of Cheniere Energy, said it is selling 3 million limited partner shares in the public portion of the offering.
Underwriter Citigroup will have options to buy up 450,000 shares. If the bank does not exercise the options, Cheniere Energy said it will step in to buy the shares.
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