Venture Global subsidiary secures $3B 364-day revolver administered by Bank of America
Venture Global subsidiary VGLNG signed a senior secured 364-day revolving credit facility of up to $3.0 billion to support general corporate purposes. Bank of America administers the loan, secured by a first-priority lien on substantially all VGLNG assets. The facility matures Sep 1, 2027, with interest based on SOFR or a base rate plus applicable margins that can adjust with ratings, and it may be prepaid without penalty.
Coverage (4)
- Venture Global secures $3B credit facility to fund LNG expansions (app.dealroom.co)
- Venture Global Secures $3 Billion 364-Day Secured Revolver With Bank of America, Other Lenders (tradingview.com)
- Venture Global Announces Closing of $3,000,000,000 364-Day Senior Secured Revolving Credit Facility (finance.yahoo.com)
- Venture Global closes $3B revolving credit facility (stocktitan.net)