Cheniere Energy is offering an additional 500M secured senior notes from their initial 1Billion Senior Secure Notes to mature in 2021. FRom 1 billion to 1.5B...
Sentiment: Strong Buy
The jump from 1.0 to 1.5 billion tells me they probably need more than the 1.5 billion to build the plant. They just jumped at the chance to get some of it now. The payoff from building the plant is huge so I'm good with it.
It is Cheniere Energy Partners CQP that is offering the senior secured notes. Not Cheniere Energy LNG. Not the same. You need to learn to read more carefully.
But Cramer said "no fund raise !!!!!!" and Cramer is NEVER wrong. LOL
Good info, I guessed it was some new bonds based on the Feb. 1 anny... IMO
You know the difference between CQP and LNG pngggjones so cut the #$%$.