---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-24-000111"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:41:21.789240+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# NFE enters $2.7B debt restructuring: $1.2B subscription + $1.5B exchange of 12% notes due 2029

## Summary
- Issued $1.2B in new 12% Senior Secured Notes due 2029 via subscription and $1.5B via exchange for existing 6.5% and 8.75% notes.
- $875M of net proceeds to redeem all 6.75% Senior Secured Notes due 2025; remainder for general corporate purposes.
- Entered $970M Brazil Parent and $1.4B Series II intercompany loans; amended RCF/ULCA with new covenants (first lien debt ratio max 9.5x, fixed charge coverage min 0.8x).
- NFE Brazil subsidiary may issue up to $350M of 15% Senior Secured Notes due 2029 at 97.75% of par to Lumina funds.
- Commitment fee payable in shares at $8.63/share or PIK notes; shares subject to six-month lock-up under Registration Rights Agreement.

## SEC filing metadata
- accession: 0001749723-24-000111
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000111/0001749723-24-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000111/nfe-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-24-000111
- JSON: https://secwatch.observer/filing/0001749723-24-000111.json
- Plain text: https://secwatch.observer/filing/0001749723-24-000111.txt

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