Cheniere Partners Holdings prices public offering of common shares

Cheniere Energy Partners LP Holdings LLC

Cheniere Energy Partners LP Holdings LLC (NYSE MKT: CQH) has priced its previously announced offering of 10,100,000 shares at a price per share of $23.25.

The offering is expected to close on Nov. 18. Cheniere Partners Holdings intends to use the net proceeds of $230 million to redeem from Cheniere Energy Inc. (NYSE MKT: LNG) (Cheniere) a number of CQH’s common shares held by Cheniere equal to the number of common shares offered and sold in the offering, at a price per share equal to the net proceeds (after deducting underwriting discounts and offering expenses) per share in this offering.

After giving effect to the consummation of the offering and the application of the net proceeds therefrom, Cheniere will hold 80.1% of CQH's outstanding common shares.

Credit Suisse Securities (USA) LLC is serving as the sole underwriter in the offering.

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