Seeking Alpha

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

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.
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Comments (4)
  • CaptKorn
    , contributor
    Comments (154) | Send Message
    Am I missing something. Don't we already know that they need to do this? Who are these people who sell on this news?
    25 Feb 2013, 08:49 AM Reply Like
  • bonsaibean
    , contributor
    Comments (66) | Send Message
    It happens every time one of these MLPs offers more shares. The price goes down, I buy some more, and then it goes back up. It's all good!
    25 Feb 2013, 09:14 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (6064) | Send Message
    Right. This is an opportunity. Take it.
    25 Feb 2013, 10:06 AM Reply Like
  • jpmj4847
    , contributor
    Comments (551) | Send Message
    Management way of not paying the piper and keeping everyone interest up .... in the news (street); they are advertising, I my eyes. M. B., you are right take the opportunity; but, be mineful.jpmj4847
    25 Feb 2013, 06:58 PM Reply Like
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