NextDecade Corp. (NASDAQ:NEXT) disclosed in an 8‑K that Rio Grande LNG sold $3.5B of senior secured notes (2031–2041) to institutional/non‑U.S. buyers to repay debt and cover fees, creating a direct/off‑balance‑sheet financial obligation with pari passu ranking.
Previous Week Recap
- NextDecade Sells $3.5B Notes: NextDecade (NEXT) via Rio Grande LNG sold $3.5B senior secured notes in four tranches (2031–2041) to institutional/non‑U.S. buyers; proceeds will repay debt and cover fees; notes rank pari passu.
- NEXT Files 8-K Disclosure: NextDecade Corp. (NEXT) filed an 8‑K on July 2, 2026, disclosing a direct or off‑balance‑sheet financial obligation and noting that Item 1.01 info is incorporated into Item 2.03.
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