Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NextDecade Corp incurred credit facility of $356 million with Wilmington Trust, National Association, as the administrative agent; Mizuho Bank (USA), as the P1 collateral agent; the senior lenders party thereto at 6.72% per annum maturing July 7, 2033.
- Instrument
- credit facility
- Principal
- $356 million
- Counterparty
- Wilmington Trust, National Association, as the administrative agent; Mizuho Bank (USA), as the P1 collateral agent; the senior lenders party thereto
- Rate
- 6.72% per annum
- Maturity
- July 7, 2033
- Event
- incurrence
Exact text from the filing
On September 15, 2023, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG, as borrower, Wilmington Trust, National Association, as the administrative agent (in such capacity, the “ Administrative Agent ”), Mizuho Bank (USA), as the P1 collateral agent (the “ P1 Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”). The Credit Agreement provides for a term loan facility (the “ Senior Loans ”) in an amount of $356 million
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NextDecade Corp entered into Credit Agreement with Wilmington Trust, National Association, as the administrative agent, Mizuho Bank (USA), as the P1 collateral agent, and the senior lenders party thereto valued at $356 million (effective 2023-09-15).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Wilmington Trust, National Association, as the administrative agent, Mizuho Bank (USA), as the P1 collateral agent, and the senior lenders party thereto
- Value
- $356 million
- Effective
- 2023-09-15
Exact text from the filing
On September 15, 2023, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG, as borrower, Wilmington Trust, National Association, as the administrative agent (in such capacity, the “ Administrative Agent ”), Mizuho Bank (USA), as the P1 collateral agent (the “ P1 Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”).
View on SEC.gov