American Stock Exchange Lists the Common Units of Cheniere Energy Partners, L.P.
22 March 2007 - 2:21AM
PR Newswire (US)
NEW YORK, March 21 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common units of Cheniere Energy
Partners, L.P. under the ticker symbol CQP. The Company is a
Delaware limited partnership recently formed by Cheniere Energy,
Inc. Through the Company's wholly-owned subsidiary, Sabine Pass
LNG, the Company will develop, own and operate the Sabine Pass LNG
receiving terminal currently under construction in western Cameron
Parish, Louisiana on the Sabine Pass Channel. The IPO is
underwritten by Citigroup, Merrill Lynch & Co. and Credit
Suisse. The Company is expecting to issue 13.5M common units @
$21.00 per unit for gross proceeds of $283.5M. "As a spin-off from
an Amex listed company; we are pleased that Cheniere Energy, Inc.
has chosen to list Cheniere Energy Partners, L.P. at the American
Stock Exchange," said John McGonegal, Senior Vice President of the
Amex Equities Group. "We look forward to providing Cheniere Energy
Partners with the same tools and services that will create an
environment of enhanced flexibility for growth in the marketplace."
The specialist for Cheniere Energy Partners, L.P. will be AGS
Specialists, LLC. For further information on CQP and other
Amex-listed companies, please visit http://www.amex.com/. The
American Stock Exchange(R) (Amex(R)) offers trading across a full
range of equities, options and exchange traded funds (ETFs),
including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the
ETF, responsible for bringing the first domestic product to market
in 1993. Leading the industry in ETF listings, the Amex lists 267
ETFs to date. The Amex is also one of the largest options exchanges
in the U.S., trading options on broad-based and sector indexes as
well as domestic and foreign stocks. For more information, please
visit http://www.amex.com/. DATASOURCE: American Stock Exchange
CONTACT: Catherine Chantharaj of American Stock Exchange,
+1-212-306-1689, Web site: http://www.amex.com/
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