Cheniere Energy Inc. Rating Raised To 'BB' From 'BB-' On Improved Business Risk Profile; Outlook Stable

S&P Global Ratings raised its long-term issuer credit rating on liquefied natural gas (LNG) developer Cheniere Energy Inc. (CEI) to 'BB' from 'BB-'. The company recently announced the commissioning and first gas at Sabine Pass train 5 and Corpus Christi train 1. In addition, the company has announced further long-term contracts for LNG off-take. The incremental advantages that these additional trains provide as well as the additional contracts have improved CEI's overall business risk profile. The stable outlook reflects the expected completion of two additional LNG trains, which supports business risk and provides additional cash flow. TORONTO (S&P Global Ratings) Feb. 1, 2019—S&P Global Ratings today took the rating actions listed above. The upgrade reflects our view of Cheniere Energy

...+ S&P Global Ratings raised its long-term issuer credit rating on liquefied natural gas (LNG) developer Cheniere Energy Inc. (CEI) to '##' from '##-'. + The company recently announced the commissioning and first gas at Sabine Pass train 5 and Corpus Christi train 1. + In addition, the company has announced further long-term contracts for LNG off-take. + The incremental advantages that these additional trains provide as well as the additional contracts have improved CEI's overall business risk profile. + The stable outlook reflects the expected completion of two additional LNG trains, which supports business risk and provides additional cash flow. TORONTO (S&P Global Ratings) Feb. 1, 2019--S&P Global Ratings today took the rating actions listed above. The upgrade reflects our view of Cheniere Energy Inc.'s (CEI) business risk profile after the company's recent announcement that train five at the Sabine Pass Liquefaction LLC (SPLIQ) facility and the first train at the Corpus Christi Liquefaction...

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