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Market Chatter: Stonepeak Raises $2.5 Billion in Private Bonds to Refinance Louisiana LNG Debt

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Stonepeak has raised about $2.5 billion through a private bond sale to refinance debt tied to its investment in the Louisiana LNG export project in Calcasieu Parish, Louisiana, Bloomberg reported on Wednesday, citing people familiar with the matter.

The bonds were reportedly issued by Stonepeak Wallaby I Acquiror, a holding company backing the project, with Mizuho Financial and RBC arranging the deal.

Proceeds are to refinance construction-related borrowing for the LNG terminal. Stonepeak acquired a 40% stake in the project from Woodside Energy (WDS) in 2025. The facility, under construction since 2022, is expected to begin LNG exports in 2029. Terms of the financing were not disclosed.

Stonepeak Wallaby I Acquiror, Mizuho Financial, and RBC did not immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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