{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-003758","form_type":"8-K","ticker":"NEXT","cik":"0001612720","company_name":"NextDecade Corp","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.807992+00:00","generated_at":"2026-06-06T04:19:56.299708+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NextDecade subsidiary RGLNG issues $190M in 6.85% Senior Secured Notes due 2047","bullets":["RGLNG issued $190M aggregate principal of 6.85% Senior Secured Notes due 2047 on Feb 9, 2024.","Notes amortize over ~18 years starting mid-2029; interest payable semi-annually from June 30, 2024.","Issuance reduces RGLNG's Phase 1 term loan commitments from ~$10.5B to ~$10.3B.","Notes are senior secured, rank pari passu with other senior secured debt under Common Terms Agreement.","Covenants include debt service coverage ratio of at least 1.10:1.00 and limits on additional debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-003758","json":"https://secwatch.observer/filing/0001437749-24-003758.json","markdown":"https://secwatch.observer/filing/0001437749-24-003758.md","text":"https://secwatch.observer/filing/0001437749-24-003758.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1612720/000143774924003758/0001437749-24-003758-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1612720/000143774924003758/next20240209_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:19:56.299708+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b91e2a307702b134abe47fb043e3e4682a18b4e2","claim":"NextDecade Corp incurred senior notes of $190 million aggregate principal amount with Wilmington Trust, National Association, as Trustee at 6.85% per annum maturing June 2047.","evidence_excerpt":"issued and sold $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1612720/000143774924003758/0001437749-24-003758-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$190 million aggregate principal amount"},{"label":"Counterparty","value":"Wilmington Trust, National Association, as Trustee"},{"label":"Rate","value":"6.85% per annum"},{"label":"Maturity","value":"June 2047"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f4c7100344c51ce8f704dbfda43db159dd008108","claim":"NextDecade Corp entered into Indenture with Wilmington Trust, National Association valued at $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047 (effective 2024-02-09).","evidence_excerpt":"On February 9, 2024, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”), issued and sold $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047 (the “ Notes ”) pursuant to an indenture, dated as of such date, between RGLNG and Wilmington Trust, National Association, as Trustee (the “ Indenture ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1612720/000143774924003758/0001437749-24-003758-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Value","value":"$190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047"},{"label":"Effective","value":"2024-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}