NFE amends credit agreements; suspends leverage test, adds $100M liquidity min, caps dividend at $0.10/quarter

New Fortress Energy Inc.

Amends three credit agreements: Fourth Amendment to ULCA, First Amendment to TLA, Eighth Amendment to RCF.
Suspends maximum Debt to Total Capitalization Ratio test for Q3 FY2024, Q4 FY2024, and Q1 FY2025.
New minimum consolidated liquidity covenant of $100M as of each fiscal quarter end starting Sep 30, 2024 (TLA: Dec 31, 2024).
Restricts dividends to max $0.10 per share per quarter; limits liens, affiliate transactions, and asset sales on certain collateral.
Amendments subject to conditions by Sep 30, 2024; no assurance of satisfaction.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.