Cheniere Energy Inc. (NYSE MKT: LNG) reports that one of its wholly owned subsidiaries, Cheniere Energy Partners LP Holdings LLC (Holdings) 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.