New Fortress Completes $1.5 Billion Exchange of Senior Secured Notes

MT Newswires Live

2024/12/09

New Fortress Energy (NFE) said Monday it completed the private exchange of $1.5 billion of new senior secured notes for over two-thirds of its outstanding senior secured notes due 2026 and 2029.

The company said the deal is the final step of issuing $2.7 billion of new senior secured notes due 2029, which will trade as a single class.

Shares of New Fortress Energy were up 4.2% in recent trading.

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