Stonepeak Raises $2.5 Billion in Private Bonds Tied to LNG Plant

Bonds Stonepeak Raises $2.5 Billion in Private Bonds Tied to LNG Plant Stonepeak has sold roughly $2.5 billion of private bonds to refinance a loan related to its investment in a liquefied natural gas export terminal in Louisiana. Stonepeak Wallaby I Acquiror LP, a Stonepeak holding company which backs the under-construction Louisiana LNG project, has sold the bonds in a true private placement, according to people familiar with the matter. Mizuho Financial Group and RBC arranged the transaction, one of the people added.