NextDecade subsidiary Rio Grande LNG completes $3.5B senior secured notes offering

NextDecade Corp

Issued $1B 5.250% notes due 2031, $500M 5.500% notes due 2034, $1.25B 5.750% notes due 2036, $750M 6.150% notes due 2041.
Net proceeds to repay a portion of outstanding borrowings under existing credit agreements and pay related fees.
Notes are senior secured obligations of Rio Grande LNG, ranking pari passu with other senior secured debt under the Common Terms Agreement.
Interest on 2031/2036/2041 notes payable semi-annually starting Dec 30, 2026; 2034 notes starting Jan 30, 2027.
Offered only to QIBs under Rule 144A and non-U.S. investors under Regulation S; not registered under Securities Act.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.