Africa News Line Monday, 04.13.2026, 7:10 PM
Welcome Guest | RSS
Site menu

Main » 2026 » April » 13
ARLINGTON, Va. - Friday, 10. April 2026 (BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) announced that its subsidiary Calcasieu Pass Funding, LLC (the “Company”), which indirectly controls the Calcasieu Pass project, entered into a $1,750,000,000 senior secured, term loan B credit facility (the “Facility”). Venture Global used a portion of the proceeds from the Facility to redeem, in full, the preferred equity interests of the Company that were previously issued to Stonepeak Bayou Holdings II LP. “We’re very pleased to successfully close this $1.75 billion secured credit facility, which represents a significant milestone for our company,” said Venture Global CEO Mike Sabel. “This transaction meaningfully reduces our overall cost of capital while further strengthening our balance sheet and liquidity position. Just as importantly, it demonstrates our continued ability to efficiently access the capital markets, even in a dynamic environment. We believe this enhanced financial f ... Read more »
Views: 18 | Added by: africa-live | Date: Today | Comments (0)

Search

Entries archive

Calendar
«  April 2026  »
Su Mo Tu We Th Fr Sa
   1234
567891011
12131415161718
19202122232425
2627282930