Venture Global Closes $750 Million Notes Offering
Venture Global (VG) said Thursday its subsidiary Venture Global Calcasieu Pass closed a $750 million offering of 6% senior secured notes due 2036.Net proceeds, together with cash on hand and hedge termination proceeds, will be used to prepay its outstanding term loans and cover offering-related fees and expenses, according to a statement.Shares of Venture Global were up more than 3% in Thursday trading.