Venture Global closes $4 billion offering of senior secured notes
Oct 24 (Reuters) - Venture Global LNG Inc on Tuesday said it closed a $4 billion offering of senior secured notes in two series.
The issue includes $2.5 billion in 9.5% senior secured notes due Feb. 1, 2029 and $1.5 billion in 9.875% senior secured notes due Feb. 1, 2032.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
Venture Global is based in Louisiana but the notes are not being offered in the U.S. because the sale was not registered with U.S. or state regulators.
The LNG producer sold $4.5 billion in senior secured notes in May.
(Reporting by Sherin Elizabeth Varghese in Bengaluru; Editing by Cynthia Osterman)