NextDecade subsidiary issues $3.5B senior secured notes to refinance existing debt

Filed July 2, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• high

  Rio Grande LNG issued $3.5 billion in senior secured notes across four tranches (2031-2041) with rates from 5.25% to 6.15%, using proceeds to repay existing credit facility borrowings.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Indenture includes standard covenants limiting the subsidiary's ability to incur additional debt, pay dividends, make investments, or undertake major transactions, constraining financial flexibility.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Change of control triggers mandatory repurchase offer at 101% of par; asset sales or certain other events require repurchase at par, providing noteholder exit options.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →