Cheniere Energy Inc. (NYSE MKT: LNG) reports that one of its wholly owned subsidiaries, Cheniere Energy Partners LP Holdings LLC (NYSE MKT: CQH) has begun 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.
The underwriters will be granted a 30-day option to purchase an additional 4,500,000 common shares. The common shares have been approved for listing on the NYSE MKT and 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. In addition, Barclays, Citigroup, JP Morgan, Societe Generale, Mitsubishi UFJ Securities, Mizuho Securities, Scotiabank/Howard Weil, HSBC, Banca IMI, and SMBC Nikko will act as co-managers in the transaction.