Cheniere Energy Partners (CQP) -4.8% premarket after announcing a direct offering of 17.6M...

|About: Cheniere Energy Partners, LP (CQP)|By:, SA News Editor

Cheniere Energy Partners (CQP) -4.8% premarket after announcing a direct offering of 17.6M common units to investors affiliated with Asia-focused PE fund RRJ Capital and Blackstone (BX) unit GSO Capital. CQP intends to use ~$372M in net proceeds toward the liquefaction project being developed adjacent to the existing Sabine Pass LNG terminal and for general business purposes.