IFM Investors agrees to invest $1.3 bln in Freeport LNG's natural gas facility

Global fund manager IFM Investors has inked an agreement to provide approximately $1.3 billion in equity funding for Freeport LNG's proposed natural gas liquefaction and LNG loading facility near Freeport, Texas. The transaction is expected to close in mid-2014. Macquarie Capital and Credit Suisse are serving as financial advisors to Freeport LNG.

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