Cheniere Energy is planning to launch syndication of credit facilities totalling $2 billion on 29 May.

The deal will put consortia of banks together for a $1.3 billion credit facility for its Sabine Pass Liquefaction subsidiary and another $750 million facility for spin-off Cheniere Partners.

The bank deal is the last major hurdle to begin construction of export facilities at the Houston player’s Sabine Pass LNG import terminal.

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