Venture Global entered into a Credit and Guaranty Agreement for a senior secured term loan facility of up to the lesser of 65% of the vessels' appraised value or $1.5 billion, maturing June 26, 2032. The financing bears interest at Term SOFR plus 2.00% and amortizes quarterly on a 20-year age-adjusted profile. Proceeds will fund general corporate purposes, including reimbursing its sponsor for payments tied to nine LNG carrier acquisitions. The facility is secured by first-priority ship mortgages and related collateral.
Agreement details:
- Agreement type: Senior secured term loan facility
- Counterparty: Deutsche Bank, ING Capital and other lenders
- Signed / Effective: Jun 26 2026 / Jun 26 2026
- Duration / Termination: 6 years
- Reason: Finance LNG carrier fleet and general corporate needs
Original SEC Filing:
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