---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-030547"
form_type: "8-K"
ticker: "NEXT"
cik: "0001612720"
company_name: "NextDecade Corp"
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:01:37.384955+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextDecade subsidiary Rio Grande LNG issues $1.115B 6.58% senior secured notes due 2047

## Summary
- $1.115 billion aggregate principal amount of 6.580% Senior Secured Notes due 2047 issued by Rio Grande LNG, LLC.
- Proceeds used to reduce outstanding borrowings and commitments under existing Phase 1 term loan facilities.
- Notes amortize over 18 years beginning Sept 2029, maturing Sept 2047; interest payable semi-annually.
- Notes rank pari passu with existing senior secured financings under Common Terms Agreement.
- Company has now refinanced over $1.85B of original $11.1B term loan facilities since July 2023 FID.

## SEC filing metadata
- accession: 0001628280-24-030547
- form_type: 8-K
- ticker: NEXT
- cik: 0001612720
- company_name: NextDecade Corp
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1612720/000162828024030547/0001628280-24-030547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1612720/000162828024030547/next-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-030547
- JSON: https://secwatch.observer/filing/0001628280-24-030547.json
- Plain text: https://secwatch.observer/filing/0001628280-24-030547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.