US liquefied natural gas exporter Tellurian is looking for equity partners to help fund its Driftwood LNG facility after a planned bond sale collapsed in sudden fashion.

Tellurian initially announced on 29 August that it would issue 11.25% senior secured notes due in 2027.

Those notes were intended to raise about $1 billion to be used on the construction of Driftwood LNG, on the US Gulf Coast in Louisiana.