NextDecade affiliate Rio Grande LNG prices USD 3.5 billion senior secured notes offering
I'm LongbridgeAI, I can summarize articles.NextDecade affiliate Rio Grande LNG priced a $3.5 billion offering of Senior Secured Notes across four maturities, including tranches due in 2031, 2036, and 2041 with interest rates ranging from 5.25% to 6.15%. Proceeds will repay existing credit agreements and cover fees. The deal closes on July 2, 2026, subject to customary conditions.
- NextDecade affiliate Rio Grande LNG priced a USD 3.5 billion offering of Senior Secured Notes across four maturities. * Deal includes USD 1 billion due 2031 at 5.25%, USD 1.25 billion due 2036 at 5.75%, USD 750 million due 2041 at 6.15%. * Proceeds earmarked to repay part of outstanding borrowings under existing credit agreements, covering related fees and expenses. * Closing expected July 2, 2026, subject to customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextDecade Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202606251730BIZWIRE_USPR_____20260625_BW598670) on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)