--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-175104" form_type: "8-K" ticker: "CQP" cik: "0001383650" company_name: "Cheniere Energy Partners, L.P." filed_at: "2023-06-26T23:59:59+00:00" generated_at: "2026-06-13T16:56:44.188092+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # CQP and SPL enter new $1B revolving credit facilities, maturing June 2028, with improved terms ## Summary - CQP entered $1B senior unsecured revolver, replacing existing facility; matures June 23, 2028. - SPL entered $1B senior secured revolver, replacing existing facility; same maturity. - Both facilities have no financial covenants; interest based on SOFR plus margin (CQP: 1.125-2.00%; SPL: 1.00-1.75%). - Current commitment fees: 0.20% for CQP, 0.10% for SPL based on current credit ratings. - SPL facility secured by substantially all assets and a pledge of SPL membership interests. ## SEC filing metadata - accession: 0001193125-23-175104 - form_type: 8-K - ticker: CQP - cik: 0001383650 - company_name: Cheniere Energy Partners, L.P. - filed_at: 2023-06-26T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 1.01, 2.03 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1383650/000119312523175104/0001193125-23-175104-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1383650/000119312523175104/d526294d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-175104 - JSON: https://secwatch.observer/filing/0001193125-23-175104.json - Plain text: https://secwatch.observer/filing/0001193125-23-175104.txt ## Key facts - Debt Financings Cheniere Energy Partners, L.P. incurred revolving credit of $1 billion with MUFG Bank, Ltd. (coordinating lead arranger); Bank of Nova Scotia (senior facility agent); Société Générale (common security trustee); various lenders and issuing banks at Variable rate; reduced from prior facility; specific margins not disclosed in ex maturing Extended from March 19, 2020; new maturity not specified in excerpt. - Instrument: revolving credit - Principal: $1 billion - Counterparty: MUFG Bank, Ltd. (coordinating lead arranger); Bank of Nova Scotia (senior facility agent); Société Générale (common security trustee); various lenders and issuing banks - Rate: Variable rate; reduced from prior facility; specific margins not disclosed in ex - Maturity: Extended from March 19, 2020; new maturity not specified in excerpt - Event: incurrence source text: On June 23, 2023, Sabine Pass Liquefaction, LLC (“ SPL ”), a wholly-owned subsidiary of CQP, entered into a $1 billion Senior Secured Revolving Credit and Guaranty Agreement among SPL, as borrower, various lenders (the “ SPL Lenders ”) and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee for the SPL Lenders (the “ SPL Revolving Credit Facility ”). The SPL Revolving Credit Facility refinances and replaces SPL’s existing revolving credit facility, dated as of March 19, 2020, to, among other things, (i) extend the maturity date thereunder, (ii) reduce the rate of interest and commitment fees applicable thereunder, and (iii) make certain other changes to the terms and conditions of the existing revolving credit facility. evidence_url: https://www.sec.gov/Archives/edgar/data/1383650/000119312523175104/0001193125-23-175104-index.htm - Material Agreements Cheniere Energy Partners, L.P. entered into CQP Senior Unsecured Revolving Credit and Guaranty Agreement with CQP (borrower), certain subsidiaries (guarantors), various lenders and issuing banks, MUFG Bank, Ltd. (coordinating lead arranger and administrative agent), SG Americas Securities, LLC (joint bookrunner) valued at $1 billion (effective 2023-06-23). - Action: entry - Agreement: credit facility - Counterparty: CQP (borrower), certain subsidiaries (guarantors), various lenders and issuing banks, MUFG Bank, Ltd. (coordinating lead arranger and administrative agent), SG Americas Securities, LLC (joint bookrunner) - Value: $1 billion - Effective: 2023-06-23 source text: On June 23, 2023, Cheniere Energy Partners, L.P. (“ CQP ”) entered into a $1 billion Senior Unsecured Revolving Credit and Guaranty Agreement among CQP, as borrower, certain subsidiaries of CQP, as subsidiary guarantors, various lenders (the “ CQP Lenders ”) and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, joint bookrunner and administrative agent, and SG Americas Securities, LLC as joint bookrunner for the CQP Lenders (the “ CQP Revolving Credit Facility ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1383650/000119312523175104/0001193125-23-175104-index.htm - Material Agreements Cheniere Energy Partners, L.P. entered into SPL Senior Secured Revolving Credit and Guaranty Agreement with SPL (borrower), various lenders and issuing banks, MUFG Bank, Ltd. (coordinating lead arranger), Bank of Nova Scotia (senior facility agent), Société Générale (common security trustee) valued at $1 billion (effective 2023-06-23). - Action: entry - Agreement: credit facility - Counterparty: SPL (borrower), various lenders and issuing banks, MUFG Bank, Ltd. (coordinating lead arranger), Bank of Nova Scotia (senior facility agent), Société Générale (common security trustee) - Value: $1 billion - Effective: 2023-06-23 source text: On June 23, 2023, Sabine Pass Liquefaction, LLC (“ SPL ”), a wholly-owned subsidiary of CQP, entered into a $1 billion Senior Secured Revolving Credit and Guaranty Agreement among SPL, as borrower, various lenders (the “ SPL Lenders ”) and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee for the SPL Lenders (the “ SPL Revolving Credit Facility ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1383650/000119312523175104/0001193125-23-175104-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.