S&P Global Ratings raised its issuer credit rating (ICR) on Cheniere Energy Inc. (CEI) to 'BB+' from 'BB'. The upgrade stems from improved financial metrics due to strong performance as well as significant debt repayment. S&P Global Ratings also affirmed its 'BBB-' rating, with a '1' recovery rating, on the company's senior secured debt and raised its rating on the company's senior unsecured debt to 'BB+' from 'BB', with a '3' recovery rating, in line with the ICR. The positive outlook reflects our expectation of continued strong cash flow and debt repayment consistent with the company's stated capital allocation policy. In addition, Cheniere recently announced that the substantial completion of tTrain 6 at Sabine Pass Liquefaction LLC (SPL) was achieved,
