---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-24-000064"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:20:25.554461+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# New Fortress Energy enters $700M secured term loan for Altamira FLNG project

## Summary
- $700M multiple-draw term loan with Morgan Stanley; proceeds fund onshore FLNG project in Altamira, Mexico.
- Initial funding conditioned on first LNG from offshore FLNG1 facility, which was achieved.
- Interest at Term SOFR + 3.75% (or base rate + 2.75%), increasing 0.25% every 180 days from June 20, 2025.
- Loan matures July 19, 2027; accelerates if 2025 or 2026 notes not refinanced 60 days before maturity.
- Financial covenants: Debt to Capitalization ≤0.7:1.0; Debt/EBITDA ≤4.0:1.0 if revolving facility >50% drawn.

## SEC filing metadata
- accession: 0001749723-24-000064
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000064/0001749723-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000064/nfe-20240719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-24-000064
- JSON: https://secwatch.observer/filing/0001749723-24-000064.json
- Plain text: https://secwatch.observer/filing/0001749723-24-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.