NextDecade’s Rio Grande LNG prices $3.5B secured notes (NEXT:NASDAQ)
Finance Desk
NextDecade (NEXT) said its partially owned subsidiary, Rio Grande LNG, priced a $3.5B offering of senior secured notes across four maturities, with proceeds to refinance existing debt.
Rio Grande LNG will issue $1.0B of 5.25% senior secured notes due 2031, $500M of 5.50% notes