Cheniere Energy, Inc. Enters $750 Million Senior Secured Revolving Credit Facility

March 2, 2017

S&C client Cheniere Energy, Inc. entered into a $750 million senior secured revolving credit facility, which was undrawn at closing.

Cheniere is a Houston-based energy company primarily engaged in LNG-related businesses. Its major assets consist of two LNG terminals facilities located on the U.S. Gulf Coast, including a natural gas liquefaction facility and associated pipeline near Corpus Christi, Texas.

S&C recently advised Cheniere in connection with the issuance by Cheniere Corpus Christi Holdings, LLC (CCH) of $1.5 billion aggregate principal amount of 5.875% senior notes due 2025, and also represented Cheniere in connection with CCH's initial $11.5 billion 7-year senior secured term loan facility.

The S&C corporate team representing Cheniere was led by John Estes and Inosi Nyatta, along with Benjamin Kent and Mateo Aceves. Dana Brodsky advised on employment and benefits matters, and Matthew Brennan advised on environmental issues.