NextDecade unit signs USD 1 billion Rio Grande LNG HoldCo term loan facility

NextDecade Corp.

NextDecade Corp.

NEXT

0.00
  • NextDecade unit RGLNG HoldCo Borrower entered a Credit Agreement for a USD 1 billion term loan facility on June 17, 2026.
  • Proceeds earmarked mainly for an equity contribution to Rio Grande LNG to reduce outstanding borrowings under its credit facilities.
  • Loans mature June 17, 2033; interest set at 7.05% per year, payable semi-annually starting Sept. 30, 2026.
  • Interest paid in-kind until the first interest payment date after the third anniversary of closing, unless cash payment is elected.
  • Facility includes prepayment premiums through June 17, 2030; change of control triggers mandatory repayment at 101%.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001612720-26-000039), on June 18, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.