Rio Grande LNG Issues $3.5B Notes
Rio Grande LNG issues $3.5 billion senior secured notes across 2031-2041 maturities
500% notes due Jan. 150% notes due June 30th, 2041. - Closing is expected July 2nd, subject to customary closing conditions. - Net proceeds will repay a portion of outstanding borrowings under existing credit agreements and pay related fees and expenses; notes will rank pari passu with RGLNG's existing term loan facilities, working capital facility, senior secured notes, and senior secured loans.