Cheniere Partners Announces Offering of $1.0 Billion Senior Notes Due 2029

Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE American: CQP) announced today that it intends to offer, subject to market and other conditions, $1.0 billion principal amount of Senior Notes due 2029 (the "CQP 2029 Notes").

Cheniere Partners intends to use the proceeds from the offering to prepay all of the outstanding term loans under its senior secured credit facilities due 2024 (the “CQP Credit Facilities”) and for general corporate purposes, including funding future capital expenditures in connection with the construction of Train 6 at the Sabine Pass liquefaction project. After applying the proceeds from this offering, only a $750 million revolving credit facility will remain as part of the CQP Credit Facilities, which is undrawn. The CQP 2029 Notes will rank pari passu in right of payment with the existing senior notes at CQP, including the senior notes due 2025 and senior notes due 2026.

The offer of the CQP 2029 Notes has not been registered under the Securities Act of 1933, as amended (the "Securities Act") and the CQP 2029 Notes may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Contacts

Cheniere Energy Partners, L.P.
Investors
Randy Bhatia, 713-375-5479
Megan Light, 713-375-5492

or

Media Relations
Eben Burnham-Snyder, 713-375-5764
Jenna Palfrey, 713-375-5491