debt
confidence high
sentiment positive
materiality 0.75
NextDecade closes $5.7B+ financing for Rio Grande LNG Train 5
NextDecade Corp
- RG5 secured $3.589B construction/term loan and $500M 6.56% senior secured notes due 2050.
- FinCo facility upsized to $1.463B to fund equity contributions for Trains 4 and 5.
- Super FinCo gets additional $600M Series B loan at 13% fixed, total SF loan $1.2B.
- FERC remand satisfaction expected on or around Oct 29, 2025, enabling FinCo facility availability.
- Train 5 JV agreement with GIP V Velocity Aggregator finalized.
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