Latham & Watkins Advises Venture Global in US$2.5 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$2.5 billion aggregate principal amount of senior secured notes, which has been issued in two series: a series of 7.50% senior secured notes due 2033 in an aggregate principal amount of US$1.25 billion and a series of 7.75% senior secured notes due 2035 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, Alex Gulino, and Jessmine Lee; and a project finance team led by partners Chirag Dedania and Annelise Karreman, with associates Cáit O’Neill and Mina Kim.  Advice was also provided on regulatory matters by partner Patrick Nevins; and on tax matters by partner Jim Cole, with associate Ted Gkoo.