Nov. 13, 2014, 4:38 PM
- Cheniere Energy Partners (NYSEMKT:CQH) -3.8% AH after announcing a public offering of 10.1M common shares.
- CQH says it plans to use the proceeds to redeem from Cheniere Energy (NYSEMKT:LNG) a number of its shares held by LNG equal to the number of shares offered and sold in the offering; after the offering, LNG would hold 80.1% of CQH outstanding shares.
CQH vs. ETF Alternatives
Cheniere Energy Partners LP Holdings LLC through its subsidiaries engages in the business relating LNG. The Company owns and operates the regasification facilities at the Sabine Pass LNG terminal located on the Sabine Pass deep water shipping channel.
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