Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Venture Global, Inc. incurred credit facility of $1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa with WhiteWater Development LLC at Term SOFR plus an agreed margin, or Base Rate plus an agreed margin maturing TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030.
- Instrument
- credit facility
- Principal
- $1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa
- Counterparty
- WhiteWater Development LLC
- Rate
- Term SOFR plus an agreed margin, or Base Rate plus an agreed margin
- Maturity
- TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030
- Event
- incurrence
Exact text from the filing
On September 29, 2025 (the “Closing Date”), Blackfin Pipeline, LLC (“Borrower”), a joint venture between Venture Global, Inc. (the “Company”) and WhiteWater Development LLC, entered into senior secured credit facilities in an aggregate amount up to $1.550 billion, consisting of (i) a term loan facility in an initial principal amount equal to $1.050 billion (the “TLB Facility”), (ii) a delayed draw, construction loan facility, convertible to a term loan facility, in an initial principal amount up to $425 million (the “TLA Facility”) and (iii) a revolving loan and letter of credit facility of up to $75 million (the “Revolving Facility” and, together with the TLB Facility and the TLA Facility, the “Senior Secured Credit Facilities”).
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