NextDecade affiliate Rio Grande LNG plans senior secured notes offering

NextDecade Corp.

NextDecade Corp.

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  • NextDecade affiliate Rio Grande LNG plans a private offering of senior secured notes, subject to market conditions.
  • Proceeds earmarked to repay part of borrowings under existing credit agreements, cover related fees, fund potential interest-rate hedge termination payments.
  • Senior secured notes would rank pari passu with Rio Grande LNG’s existing term loan facilities, working capital facility, senior secured notes, senior secured loans.


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