Thursday, July 12, 2012

Stock Alert - Cheniere Energy (LNG +11.7%) soars, and subsidiary Cheniere Partners (CQP +3.6%) - 7/12/12

Cheniere Energy (LNG +11.7%) soars, and subsidiary Cheniere Partners (CQP +3.6%) posts a smaller gain, after the latter states it has received $3.4B in lender commitments for its giant Sabine Pass natural gas liquefaction project. The commitments come on top of $2B in equity financing that has been lined up, and allow CQP to cancel plans for a $1.25B term loan facility

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