Venture Global Announces Closing of $3,000,000,000 Bank Loan Facility for CP2
Venture Global, Inc. Class A common stock (VG)
Last venture global, inc. class a common stock earnings: 2/18 07:00 am
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ir.vonage.com
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Source: Business Wire
Announcement follows recent $2.5 billion Plaquemines bond transaction, bringing total capital markets transactions to $5.5 Billion in the last two weeks ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global, Inc. (“Venture Global”) announced today that its subsidiary, Venture Global CP2 LNG, LLC (“CP2”), has secured commitments from 19 banks for a $3.0 billion bank loan facility (the “CP2 Bank Loan” or the “Facility”) to continue manufacturing, procurement and engineering of its natural gas liquefaction and export facility, begun in early 2023, to be located alongside the Calcasieu Ship Channel in Cameron Parish, Louisiana (the “Project”). The company previously announced it had launched the formal FID process for CP2 in March.“Venture Global is proud to close this major financing for CP2, which is slated to receive its first two liquefaction trains — number 55 and 56 deployed by Venture Global — in the coming months. This new capital, on top of the more than $4 billion we have already i
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News
- Venture Global (VG) Jumps 9.4% on NatGas Demand Jump [Yahoo! Finance]Yahoo! Finance
- Venture Global (NYSE:VG) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Venture Global (NYSE:VG) was upgraded by analysts at US Capital Advisors to a "moderate sell" rating.MarketBeat
- Venture Global (NYSE:VG) was given a new $8.00 price target on by analysts at Wells Fargo & Company.MarketBeat
- Top Democrats call for investigation into share-buying spree by Trump allies [Yahoo! Finance]Yahoo! Finance
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