Cheniere Energy Partners, L.P. announced that it has commenced a cash tender offer to purchase any and all of the $1.1 billion aggregate principal amount of its outstanding 5.625% Notes due 2026. In connection with the tender offer, the company is soliciting consents from holders of the notes to amend certain provisions of the indenture governing the notes (the proposed amendment). The proposed amendment would amend the indenture with respect to the notes to reduce the minimum notice period to optionally redeem the notes. The company will not be obligated to accept for purchase any notes pursuant to the tender offer unless certain conditions are satisfied or waived by the company, including entry by the company at or prior to the expiration date (or early tender deadline, if the company elects to have an early settlement) into a definitive contract providing for the receipt by the company, on terms satisfactory to it in its sole discretion subject to applicable law, of a minimum of $1,200,000,000 in gross proceeds from one or more debt financings and the receipt by the company at or prior to the final settlement date (or early settlement date, if the company elects to have an early settlement) of a minimum of $1,200,000,000 in gross proceeds from one or more debt financings upon fulfillment of customary conditions. The tender offer is not conditioned on any minimum amount of notes being tendered or receipt of requisite consents to adopt the proposed amendments. Subject to applicable law, the company may amend, extend or terminate the tender offer in its sole discretion. The tender offer and consent solicitation is being made solely pursuant to the terms and conditions set forth in an offer to purchase and consent solicitation statement, dated September 13, 2021. Holders of the notes are urged to carefully read the offer to purchase and consent solicitation statement before making any decision with respect to the tender offer and consent solicitation. The tender offer and consent solicitation will expire at 12:01 a.m., New York City time, on October 12, 2021, unless extended, earlier expired or terminated by the company (such time and date, as the same may be extended, earlier expired or terminated by the company in its sole discretion, subject to applicable law, the expiration date). Tendered notes may be withdrawn and consents delivered may be revoked at or prior to 5:00 p.m., New York City time, on September 24, 2021 by following the procedures in the offer to purchase and consent solicitation statement, but may not thereafter be validly withdrawn and validly revoked, except as provided for in the offer to purchase and consent solicitation statement or required by applicable law. Holders of notes must validly tender and not validly withdraw their notes and validly deliver and not validly revoke their consents at or prior to 5:00 p.m., New York City time, on September 24, 2021 (such time and date, as the same may be extended by the company in its sole discretion, subject to applicable law, the early tender deadline) in order to be eligible to receive the total consideration, which includes the early tender premium for the notes of $50.00 per $1,000 principal amount of notes tendered. Holders who validly tender their notes and deliver their consents after the early tender deadline and at or prior to the expiration date will be eligible to receive only the tender consideration, as set forth in the table above. Accrued and unpaid interest will be paid on all notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the applicable settlement date. The company reserves the right, but is under no obligation, at any time after the early tender deadline and before the expiration date, to accept for purchase notes that have been validly tendered and not validly withdrawn at or prior to the early tender deadline on the early settlement date. The company currently expects the early settlement date, if any, to occur on September 27, 2021. If the company chooses to exercise its option to have an early settlement date, the company will purchase any remaining notes that have been validly tendered and not validly withdrawn after the early tender deadline and at or prior to the expiration date, subject to all conditions to the tender offer having been satisfied or waived by the company, on a date following the expiration date. The final settlement date is expected to occur promptly following the expiration date, and is currently expected to occur on October 13, 2021, unless extended by the company. If the company chooses not to exercise its option to have an early settlement date, the company will purchase all notes that have been validly tendered and not validly withdrawn at or prior to the expiration date, subject to all conditions to the tender offer having been satisfied or waived by the company, on the final settlement date. Tenders of notes and delivery of consents submitted after the expiration date will not be valid. On the day hereof and subsequent to the commencement of the tender offer and consent solicitation, the company intend to issue a notice of redemption for all or a portion of the notes that remain outstanding following the consummation or termination of the tender offer pursuant to the existing notice period provisions of the indenture (the original notice of redemption), which will be conditioned upon the receipt of the net proceeds from the debt financing and the lack of receipt of the requisite consents on or prior to the early tender deadline. Any such redemption would be made in accordance with the terms of the base indenture, as supplemented by the second supplemental indenture, pursuant to which the notes were issued, and as amended by the fourth supplemental indenture, which provides for a redemption price equal to 102.813% plus accrued and unpaid interest thereon to the redemption date. In addition, assuming the execution and delivery of the supplemental indenture, the company currently intend, in accordance with the terms and conditions of the indenture, as may be amended as a result of the proposed amendment (which would shorten the minimum notice requirement for optional redemptions), to mail a second notice of redemption to the holders of any outstanding notes on the early settlement date, if any, that will supersede the original notice of redemption, although the company have no legal obligation to do so and the selection of any particular redemption date is in the company's discretion. Neither this statement of intent nor similar statements of such intent included elsewhere in this press release shall constitute a notice of redemption under the indenture. Any such notice, if made, will only be made in accordance with the provisions of the indenture.