LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Magnolia LNG Secures $1.5 Billion Commitment from Stonepeak, page-38

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  1. 172 Posts.
    I'm so confused when they say "redeemable". Does that mean they initially put up that equity on FID but we can earn our equity back?

    "Redeemable in full at Magnolia’s election beginning three years following commercial operations date, subject to certain call protections "
 
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