Venture Global Unit Closes $1.5 Billion Loan Facility

MT Newswires Live

06/27

Venture Global (VG) said Friday its subsidiary closed a $1.5 billion senior secured term loan facility that will mature in June 2032.

The unit, Venture Global Shipping, plans to use the proceeds to reimburse payments related to the purchase of nine LNG carriers, fund reserve accounts, and pay transaction fees and expenses.

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