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Venture Global Secures Commitments for Calcasieu Pass LNG Construction Financing

Gasoil News - Published on Tue, 23 Jul 2019

Image Source: PR Newswire
Venture Global LNG Inc announced that the company's USD 5.8 billion Calcasieu Pass LNG construction financing has received over USD 10 billion in binding commitments from Initial Coordinating Lead Arrangers. The transaction is nearly two times oversubscribed, prior to retail syndication. The proceeds of the construction financing, along with the equity investment from Stonepeak Infrastructure Partners, will fund the construction and commissioning of the Calcasieu Pass facility and the associated TransCameron pipeline. The lender group includes the world's leading Asian, European and North American project finance banks.

The bank group is Banco Santander, SA, Bank of America, NA, Goldman Sachs Bank USA, Industrial & Commercial Bank of China Limited, ING Capital LLC, JPMorgan Chase Bank, NA, Mizuho Bank Ltd, Morgan Stanley Senior Funding, Inc, Natixis, Nomura Securities International Inc, Royal Bank of Canada, Sumitomo Mitsui Banking Corporation and The Bank of Nova Scotia.

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Posted By : Ratan Singh on Tue, 23 Jul 2019
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