Venture Global, Inc. (VG): debt financing — Venture Global subsidiary CP2 closes $3.0B bank loan for CP2 LNG project

Venture Global, Inc.

$2.825B delayed draw bridge loan plus $175M interest reserve facility from 19 banks.
Interest rate SOFR + 350 bps; maturity May 1, 2028 or upon FID project financing close.
Proceeds fund CP2 LNG project (28 MTPA capacity) manufacturing, procurement, and construction.
Facility secured by first-priority lien on CP2 assets; guaranteed by affiliates.
Follows $2.5B Plaquemines bond; total $5.5B capital markets transactions in two weeks.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Venture Global, Inc. incurred credit facility of $2.825 billion at SOFR plus a margin of 350 basis points per annum maturing May 1, 2028.

Instrument: credit facility
Principal: $2.825 billion
Rate: SOFR plus a margin of 350 basis points per annum
Maturity: May 1, 2028
Event: incurrence

Exact text from the filing

On May 1, 2025, Venture Global CP2 LNG, LLC (“CP2”), an indirect, wholly-owned subsidiary of Venture Global, Inc. (the “Company”), entered into new secured bridge credit facilities, consisting of a $2.825 billion delayed draw bridge loan facility (the “Bridge Loan Facility”)

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Venture Global, Inc. incurred credit facility of $175 million at SOFR plus a margin of 350 basis points per annum maturing May 1, 2028.

Instrument: credit facility
Principal: $175 million
Rate: SOFR plus a margin of 350 basis points per annum
Maturity: May 1, 2028
Event: incurrence

Exact text from the filing

a $175 million three-year interest reserve facility (the “Interest Reserve Facility”, and together with the Bridge Loan Facility, the “Bridge Facilities”)

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225 debt financings filed in the last 30 days. Browse all debt financings →

Venture Global, Inc. filing history →

Source: SEC EDGAR

accession 0000950103-25-005582

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