Latham & Watkins Advises Venture Global in Upsized US$3 Billion Senior Secured Notes Offering

Venture Global LNG, Inc. (Venture Global), a long-term, low-cost provider of US LNG sourced from resource rich North American natural gas basins, with assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification, has announced that its subsidiary, Venture Global Plaquemines LNG, LLC has closed an offering of US$3 billion aggregate principal amount of senior secured notes, which has been issued in two series: a series of 6.125% senior secured notes due 2030 in an aggregate principal amount of US$1.75 billion and a series of 6.500% senior secured notes due 2034 in an aggregate principal amount of US$1.25 billion.

Latham & Watkins LLP represented Venture Global in connection with the offering with a Capital Markets team led by partner David Miller and counsel Gemma Mootoo Rajah, with associates Ian Lachow and Alex Gulino, and assistance from Samantha Gould; and a project finance team led by partners Chirag Dedania and Annelise Karreman, with associate Cáit O’Neill and assistance from Grigorios Pappas. Advice was also provided on regulatory matters by partner Patrick Nevins; and on tax matters by partner Jim Cole, with associate Ted Gkoo.