Venture Global Announces Closing of $1.75 Billion Senior Secured Credit Facility

On April 10, 2026, Venture Global, Inc. announced that its subsidiary, Calcasieu Pass Funding, LLC, has closed a $1.75 billion senior secured term loan B facility. The facility was fully drawn on the closing date. Proceeds will be used to redeem preferred equity interests, pay associated costs and fees, and for working capital and general corporate purposes. The loan matures on April 10, 2033, with interest accruing at Term SOFR or Base Rate plus an agreed margin. The facility is secured by a first-priority lien on substantially all of the borrower's assets and equity interests. Customary covenants and restrictions apply. The company anticipates this will reduce its cost of capital and strengthen its balance sheet and liquidity, positioning it well for strategic priorities.