Cheniere Energy Partners LP Holdings, which owns a 55.9% limited partner interest in Cheniere Partners (NYSE: CQP), announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $600 million by offering 30.0 million shares at a price range of $19 to $21. At the midpoint of the proposed range, Cheniere Energy Partners LP Holdings would command a market value of $4.6 billion.
Cheniere Energy Partners LP Holdings, which was founded in 2013, plans to list on the NYSE under the symbol CQH. Goldman Sachs, Morgan Stanley, Credit Suisse and RBC Capital Markets are the joint bookrunners on the deal.
