The LNG developer priced $1.125B each in 2034 and 2036 notes at 6.375% and 6.625% yields to refinance debt.
Venture Global LNG, a subsidiary of Venture Global, secured $2.25 billion through a two-part bond offering. The deal includes $1.125 billion of 6.375% senior secured notes maturing in 2034 and an equal amount of 6.625% notes due in 2036.
Proceeds will primarily fund debt redemption, though specific obligations were not disclosed. The offering follows recent capital raises in the energy sector, reflecting ongoing refinancing activity amid elevated borrowing costs.
No immediate market reaction was reported for the transaction, which targets institutional investors.