Loan & DebtApr 23, 2026, 04:12 PM
Venture Global Subsidiary Issues $750M Senior Secured Notes
AI Summary
Venture Global Calcasieu Pass, LLC, an indirect subsidiary of Venture Global, Inc., issued $750,000,000 aggregate principal amount of 6.000% senior secured notes due 2036. The proceeds from these notes, along with cash on hand and hedge termination proceeds, were utilized to fully prepay an existing term loan facility. The notes are secured by collateral and guaranteed by TransCameron Pipeline, LLC, sharing equally in collateral with existing working capital facilities and previously issued senior secured notes.
Key Highlights
- Venture Global Calcasieu Pass, LLC issued $750,000,000 in senior secured notes.
- Notes bear an interest rate of 6.000% per annum, payable semi-annually.
- The notes will mature on May 1, 2036.
- Proceeds used to fully prepay an existing term loan facility.
- Notes are secured by certain collateral and guaranteed by TransCameron Pipeline, LLC.