ARLINGTON, VIRGINIA (By Venture Global, 9.Dec.2025, Words: 219) — Venture Global, Inc.’s subsidiary, Venture Global Plaquemines LNG, LLC (VGPL) closed an offering of $3,000,000,000 aggregate principal amount of senior secured notes, which has been issued in 2 series: (i) a series of 6.125% senior secured notes due 2030 in an aggregate principal amount of $1,750,000,000 and (ii) a series of 6.500% senior secured notes due 2034 in an aggregate principal amount of $1,250,000,000.
The 2030 notes will mature on 15 Dec. 2030, and the 2034 notes will mature on 15 Jun. 2034.
Venture Global had previously announced the issuance of $2,500,000,000 of senior secured notes by VGPL on 21 Apr. 2025, and $4,000,000,000 of senior secured notes by VGPL on 3 Jul. 2025, bringing the combined aggregate amount of senior secured notes issued by VGPL to $9,500,000,000 since the project began producing LNG in Dec. 2024.
VGPL intends to use the net proceeds from the offering to (i) prepay certain amounts outstanding under VGPL’s existing senior secured first lien credit facilities and (ii) pay fees and expenses in connection with the offering.
The notes are guaranteed by Venture Global Gator Express, LLC (VGPL’s affiliate). The notes are secured on a pari passu basis by a first-priority security interest in the assets that secure the existing credit facilities and the existing notes.
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