Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Cheniere Corpus Christi Holdings, LLC > News item |
Cheniere Corpus Christi to price $1 billion eight-year secured notes this week; whisper is 7¼%-7½%
By Paul A. Harris
Portland, Ore., May 10 – Cheniere Corpus Christi Holdings, LLC plans to price $1 billion of non-callable eight-year senior secured notes late this week, according to a syndicate source.
Early guidance has the deal yielding 7¼% to 7½%.
The offering was scheduled to kick off on a mid-Tuesday morning conference call.
A New York investor lunch is scheduled to get underway at noon ET on Tuesday.
Morgan Stanley & Co. LLC, BofA Merrill Lynch, BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., J.P. Morgan Securities LLC, Lloyds, MUFG, Mizuho, RBC Capital Markets, Scotia Capital, SG CIB, SMBC Nikko and Standard Chartered are the joint bookrunners for the Rule 144A and Regulation S with registration rights offering.
BBVA and Credit Agricole CIB are the joint lead managers.
ABN Amro, Loop, Raymond James and Wells Fargo Securities LLC are the co-managers.
The Houston-based LNG company plans to use the proceeds to repay debt.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.