Apr 18, 2013 09:54 Bond sales to raise funds for LNG facility Bond sales to raise funds for LNG facility Advocate business staff report April 18, 2013 Comments Sabine Pass Liquefaction LLC is trying to raise $1.5 billion through two bond sales to help build the first two units of a natural gas liquefaction export facility in Cameron Parish. Sabine Pass Liquefaction is a owned by Houston-based Cheniere Energy Partners LP. The senior secured notes will be used instead of part of a $3.6 billion term loan. In February, Cheniere announced that Sabine Pass Liquefaction had successfully raised $1.5 billion through a bond sale. In August, Cheniere said it had given Bechtel Oil, Gas and Chemicals Inc. permission to begin work on the two units. Cheniere estimated the project’s cost at $5.6 billion.