AmericasCorporate

Venture Global LNG secures $3 billion in preferred stock offering

By LNG Prime Staff
Venture Global LNG secures $3 billion in preferred stock offering
Qogir at the Plaqemines LNG terminal (Image: Venture Global LNG)

US LNG exporter Venture Global LNG has secured $3 billion in aggregate gross proceeds from its inaugural offering of perpetual preferred stock. Venture Global announced on Tuesday that it has closed its inaugural offering of 3 million shares of 9.00 percent series A fixed-rate reset cumulative redeemable perpetual preferred stock, with a $1,000 liquidation preference…

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