Cheniere Energy Inc. - 2012-03-14
Description
Agreed to sell 17 million shares of its common stock at US$15.10 each in an underwritten public offering for a total U$256.7 million. The underwriter will have a 30-day option to purchase up to an aggregate of 2,550,000 additional shares of common stock from Cheniere to cover any over-allotments. The company plans to use the net proceeds from the offering for general corporate purposes, including payment of debt. Credit Suisse Securities (USA) LLC is serving as the underwriter in the offering.