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Cheniere and Blackstone sign PIK agreement
15 May 2012
Cheniere Energy Partners has signed a purchase agreement with Blackstone and its own general partner for $2 billion in payment-in-kind financing for its Sabine Pass
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[cheniere]
[louisiana]
[blackstone]
Cheniere Energy Partners has signed a purchase agreement with Blackstone and its own general partner for $2 billion in payment-in-kind financing for its Sabine Pass liquefaction project. Funds managed by Blackstone Energy Partners and Blackstone Capital Partners VI will pay $1.5 billion for 100 million class B units at $15 per unit, while...
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