Sabine Pass calls remaining $16.06 million 7¼% senior secured notes

By Ashley Montgomery

Kansas City, Kan., Nov. 16 - Sabine Pass LNG LP will redeem all of its remaining 7¼% senior secured notes due Nov. 30, 2013 following the company's tender offer.

As previously reported, the company commenced a tender offer for all $550 million of the notes on Oct. 1. The offer ended Oct. 29.

The remaining $16,061,000 of notes will be redeemed on Nov. 15 at 106.7967.

Houston-based Sabine Pass LNG was formed by Cheniere Energy, Inc. to own, develop and operate the Sabine Pass liquefied natural gas terminal.

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