Summary
This filing is an amendment to a previous 8-K report by Cheniere Energy, Inc. (LNG), filed on July 25, 2005. The primary purpose of this amendment is to correct a typographical error in the original filing regarding a material definitive agreement. Specifically, the strike price of a call option related to share option transactions with Credit Suisse First Boston International was corrected from $36.10 to $35.42 per share. This agreement, entered into on July 22, 2005, involves reducing potential dilution from the conversion of convertible senior unsecured notes. The company paid approximately $69.88 million for this option, which has a two-year term and includes a call option for Cheniere with a strike price of $35.42 and a call option for Credit Suisse First Boston International with a strike price of $70.00.
Key Highlights
- 1Amendment to a previous 8-K filing to correct a typographical error regarding a material definitive agreement.
- 2Correction of the strike price for a call option from $36.10 to $35.42 per share.
- 3Cheniere Energy entered into share option transactions with Credit Suisse First Boston International on July 22, 2005.
- 4These options aim to reduce potential dilution from the conversion of convertible senior unsecured notes.
- 5Cheniere paid approximately $69.88 million for these options.
- 6The options have a two-year term.
- 7The company also announced the pricing of its $300 million aggregate principal amount of 2.25% convertible senior unsecured notes due 2012 via a press release.