Latham & Watkins Advises Venture Global on US$750 Million Senior Notes Offering and US$1.75 Billion Credit Facility

Venture Global, Inc. (Venture Global) (NYSE: VG) has announced that its subsidiary, Venture Global Calcasieu Pass, LLC (VGCP), has closed an offering of US$750 million aggregate principal amount of 6.000% senior secured notes due 2036. Earlier this month, Venture Global, Inc. announced that its subsidiary Calcasieu Pass Funding, LLC, which indirectly controls the Calcasieu Pass project, entered into a US$1.75 billion senior secured term loan B credit facility.

Latham & Watkins LLP represented Venture Global in the credit facility and senior notes offering. On the senior notes offering, a Capital Markets team was led by Austin/Houston partner David Miller and New York counsel Gemma Mootoo Rajah, with associates Ian Lachow, Alex Gulino, Jessmine Lee, Sam Berry, and Luisa Yokubaitis. Advice was also provided on finance matters by New York partner Chirag Dedania, with associates Meredith Strike and Emma Green; on tax matters by Houston partner Christine Mainguy, with associate Lucas Migliano; and on energy regulatory and markets matters by Washington, D.C. partner Patrick Nevins. On the credit facility, a finance team was led by New York partners Chirag Dedania and Seniz Yakut and New York counsel Jiyeon Chun, with associates Sungjoo Ahn and Javier Arreola and assistance from Eric Jjemba. Advice was also provided on corporate matters by New York/Houston partner Charles Carpenter; on tax matters by Houston partner Jim Cole, with associate Lucas Migliano; and on hedging matters by New York partner Carlos Alvarez, with associate Jim Lambert.