debt
confidence high
sentiment neutral
materiality 0.25
New Fortress Energy enters amendments to credit facilities; conditions not yet satisfied
New Fortress Energy Inc.
- Seventh Amendment to Uncommitted Letter of Credit and Reimbursement Agreement (Natixis) and Eleventh Amendment to Credit Agreement (MUFG) executed on Jan 31, 2025.
- Effectiveness subject to satisfaction of unspecified conditions; no assurances conditions will be met.
- Amendments permit additional incremental loans under October 2023 Morgan Stanley Senior Funding credit agreement.
- No changes to stated principal amounts, rates, or maturities disclosed in filing.