Venture Global Plaquemines LNG, LLC has successfully closed an offering of $3,000,000,000 in senior secured notes.
The notes consist of two series: 6.125% senior secured notes due 2030 and 6.500% senior secured notes due 2034.
This offering adds to the existing senior secured notes issued previously, bringing the total to $9,500,000,000 since December 2024.
Offering Details
Two series of senior secured notes were issued: 6.125% due 2030 and 6.500% due 2034, totaling $3 billion.
Use of Proceeds
Intended use of net proceeds includes prepayment of existing credit facilities and covering offering-related fees and expenses.
Guarantees and Security
The notes are guaranteed by Venture Global Gator Express, LLC and secured by a first-priority interest in underlying assets.
- Venture Global's successful note offering highlights investor confidence in the company's future prospects.
- The closing of this offering provides Venture Global with necessary funds to support its ongoing operations and growth initiatives.
Venture Global's latest senior secured notes offering demonstrates strong market demand for its financial instruments and positions the company for continued success in the LNG industry.