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Cheniere Energy Inc (LNG.A)

LNG.A on American Stock Exchange

25 Jul 2016
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$-0.51 (-1.24%)
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Latest Key Developments (Source: Significant Developments)

Cheniere says appointed Jack Fusco to board of directors
Monday, 6 Jun 2016 05:49pm EDT 

Cheniere Energy Inc : Cheniere announces results of shareholder meeting and appointment of Jack A. Fusco to the board of directors .Shareholders elected all ten members standing for re-election to board of directors of company.  Full Article

Carl Icahn says "happy" Cheniere appointed Fusco as CEO - Tweet
Thursday, 12 May 2016 11:42am EDT 

: "Happy Cheniere appointed Jack Fusco as CEO. I think it’s a great step in the right direction"- Carl Icahn tweet Further company coverage: [LNG.A] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Cheniere Energy to name Jack Fusco as its new CEO - CNBC,citing DJ
Wednesday, 11 May 2016 08:38pm EDT 

: Cheniere Energy to name Jack Fusco as its new CEO; announcement could come Thursday - CNBC, citing DJ Further company coverage: [LNG.A] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Cheniere Energy - Offering of $1 bln senior notes by Cheniere Corpus Christi Holdings
Tuesday, 10 May 2016 08:05am EDT 

Cheniere Energy Inc : Cheniere Energy Inc Announces offering of $1.0 billion senior secured notes due 2024 by Cheniere Corpus Christi Holdings LLC .CCH to use net proceeds from offering to prepay a portion of principal amounts currently outstanding under cch's credit facilities.  Full Article

Cheniere Energy Inc and ENGIE sign 5-year LNG sale and purchase agreement
Wednesday, 28 Oct 2015 08:30am EDT 

Cheniere Energy Inc:Says its unit, Cheniere Marketing International LLP entered into a 5-year sale and purchase agreement with ENGIE S.A. for delivery of liquefied natural gas cargoes on an ex-ship basis primarily to the Montoir de Bretagne LNG regasification terminal in France.Sale and purchase agreement covers the delivery of up to 12 cargoes per year, or up to approximately 222 million MMBtus in total, from 2018 to 2023.Cheniere Marketing will sell the volumes at contract prices linked to Northern European indices.  Full Article

U.S. SEC charges two with Cheniere Energy Inc insider trading - Reuters
Thursday, 8 Oct 2015 08:00pm EDT 

Cheniere Energy Inc:The U.S. Securities and Exchange Commission on Friday charged two men with insider trading in natural gas company Cheniere Energy Inc LNG.A in 2011 and 2012 - Reuters.Nicolas Zanen, 42, a vice president of trading in the company's Cheniere International unit, directed his friend Francis van Steenberge, 43, to trade in Cheniere options after giving him tips about forthcoming announcements by the Houston-based company, the SEC alleged - Reuters.According to the complaint, the trades resulted in about $800,000 of ill-gotten gains, about $200,000 short of Zanen's "stated goal," by the time SEC staff contacted van Steenberge. Proceeds were to be divided equally, the SEC said - Reuters.Van Steenberge agreed to settle the SEC case for an unspecified sum, according to a judgment filed in the federal court in New Haven, Connecticut - Reuters.Zanen's lawyer did not immediately respond to a request for comment. Bob Romano, a lawyer for van Steenberge, declined to comment. Cheniere did not immediately respond to a request for comment - Reuters.  Full Article

Cheniere Energy Inc's Cheniere Marketing signs additional LNG sales agreement with EDF
Monday, 21 Sep 2015 08:17am EDT 

Cheniere Energy Inc:Says that its subsidiary, Cheniere Marketing International LLP has entered into another sales arrangement with Électricité de France, S.A. for the delivery of liquefied natural gas (LNG) cargoes on an ex-ship basis from the Sabine Pass LNG terminal.Sales arrangement covers the delivery of up to 24 cargoes, or up to about 89 million MMBtus total, from 2017 through 2018.Volumes will be sourced from Cheniere Marketing's LNG supply portfolio.  Full Article

Cheniere Energy unit enters into LNG sales arrangements with EDF
Tuesday, 11 Aug 2015 04:20pm EDT 

Cheniere Energy Inc:Says unit Cheniere marketing international llp entered into sales arrangements with électricité de France, s.a.Says sales arrangements cover the delivery of up to 26 cargoes, or up to approximately 100 million mmbtus, through 2018.Cheniere marketing says sale of about 0.6 mtpa of lng under a 20-year spa with central el campesino.Cheniere marketing announced sale of about 0.6 mtpa of lng under a 20-year spa with central el campesino.Sales arrangements for delivery of liquefied natural gas cargoes on an ex-ship basis from the sabine pass lng terminal.On combined basis, Cheniere marketing's lng portfolio is expected to have about 9 mtpa of lng available from 9 liquefaction trains.  Full Article

Cheniere Energy's unit Cheniere marketing and Central El Campesino sign 20-year LNG sale and purchase agreement
Thursday, 30 Jul 2015 04:51pm EDT 

Cheniere Energy:Marketing and central el campesino sign 20-year lng sale and purchase agreement.Central el campesino would purchase about 0.6 million tonnes per annum of lng delivered ex-ship for 20 yrs beginning 2019.  Full Article

Cheniere Energy Inc announces pricing of registered direct offering of $625 million of convertible notes
Tuesday, 3 Mar 2015 09:30pm EST 

Cheniere Energy Inc:Announced that it has priced an offering of Cheniere's 4.25 pct. Convertible Senior Notes due 2045 through an SEC registered direct offering.The aggregate principal amount of the offering was $625 million.The Convertible Notes will bear interest at a rate of 4.25 pct. per annum, paid semi-annually in arrears, and will mature on March 15, 2045.Prior to Dec. 15, 2044, the Convertible Notes will be convertible upon the occurrence of certain conditions, and on and after such date will become freely convertible.The Convertible Notes will be convertible into the common stock of Cheniere at an initial conversion price of $138.38 per share, which represents about 170 pct. of the last reported sale price of the common stock of Cheniere on March 3, 2015.Under certain conditions, Cheniere may have the ability to terminate the conversion rights of all or part of the Convertible Notes.In addition, after March 15, 2020, Cheniere may elect to redeem all or part of the notes at a redemption price equal to the accreted amount of the notes to be redeemed, plus any accrued and unpaid interest up to but excluding the redemption date.The net proceeds to Cheniere from the offering of the Convertible Notes, net of any original issue discount, are expected to be about $500 million, before transaction fees and expenses.The net proceeds will be used by Cheniere for general corporate purposes.Closing is expected to occur March 9, 2015.  Full Article

UPDATE 1-Cheniere to shut U.S. LNG export plant for maintenance in Sept.

MILAN, July 19 Cheniere Energy Inc's Sabine Pass liquefied natural gas (LNG) export plant on the U.S. Gulf Coast will shut down for planned maintenance in September, sources with knowledge of the matter said.