secwatch.observer — SEC 8-K summary
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Issuer:     NextDecade Corp (NEXT)
CIK:        0001612720
Form:       8-K
Filed at:   2026-07-02T20:25:22+00:00
Accession:  0001612720-26-000043
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1612720/000161272026000043/0001612720-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1612720/000161272026000043/next-20260702.htm
  HTML page:      https://secwatch.observer/filing/0001612720-26-000043

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