NextDecade's Rio Grande LNG Issues $1.115 Billion Senior Secured Notes to Fuel Growth
Monday, 1 July 2024, 12:08
NextDecade Subsidiary Rio Grande LNG Issues $1.115B Bonds
The subsidiary of NextDecade, Rio Grande LNG, has recently announced the issuance of $1.115 billion in senior secured notes due in 2047. This strategic move aims to support the company's expansion efforts and drive future growth.
Key Points:
- Amount: $1.115 billion
- Security: Senior secured notes
- Due Date: 2047
- Purpose: Funding expansion and strategic initiatives
In essence, this announcement underlines NextDecade's commitment to growth and signifies a positive outlook for the company's trajectory in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.