Plaquemines LNG is located south of New Orleans and began production in late 2024. (Source: Shutterstock/ Venture Global)
Venture Global (VG) Plaquemines LNG has closed its $2.5 billion senior notes offering, the company announced April 22.
The notes were offered in two series: $1.25 billion of 7.5% notes due in 2033 and another $1.25 billion of 7.75% notes due in 2035.
Venture Global will use the proceeds to prepay some of Plaquemines LNG’s existing first lien credit facilities and associated fees and expenses related to the offering.
Plaquemines LNG is located south of New Orleans and began production in late 2024.
The notes are guaranteed by Venture Global Gator Express, a VG affiliate.
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