Cheniere Energy Partners L.P. (CQP) News

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.

SOURCE American Stock Exchange