US terminal developer Cheniere Energy has unveiled a fresh fundraising drive to pay for operations and debt.
The Houston-based outfit, which is aiming to add liquefaction trains at its Sabine Pass LNG terminal, plans to issue 33 million shares in a public offering.
Underwriter Credit Suisse will have options for another 4.95 million shares.
At the latest pre-market share price of $8.50, the effort could bring in gross proceeds of nearly $325 million if options are exercised.
Charif
