Financing ·
On July 2, 2026, Rio Grande LNG, LLC, an indirect subsidiary of NextDecade Corporation, completed an offering of $3.5…
NEXTNextDecade Corp
On July 2, 2026, Rio Grande LNG, LLC, an indirect subsidiary of NextDecade Corporation, completed an offering of $3.5 billion in aggregate principal amount of Senior Secured Notes. The issuance consists of $1,000 million in 5.250% notes due 2031, $500 million in 5.500% notes due 2034, $1,250 million in 5.750% notes due 2036, and $750 million in 6.150% notes due 2041. Net proceeds will be used to repay existing credit agreement borrowings and cover related fees and expenses. The notes were issued to qualified institutional buyers and non-U.S. investors. NextDecade operates in the energy industry, focusing on the development of liquefied natural gas (LNG) infrastructure.