secwatch / observer
8-K filed March 7, 2025, 6:59 PM ET ticker NFE CIK 0001749723
debt confidence high sentiment neutral materiality 0.70

New Fortress Energy Inc. (NFE): debt financing — New Fortress Energy secures $1.27B in term loans to fund FLNG2 capex; existing TLA commitments reduced to zero

New Fortress Energy Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

New Fortress Energy Inc. amended term loan of $425,000,000 incremental term loans and $847,440,000 exchange term loans for a total commitment of $1,272,440,000 with Morgan Stanley Senior Funding, Inc., as administrative agent at base rate plus 4.50% per annum or Term SOFR plus 5.50% per annum maturing October 30, 2028.

Instrument
term loan
Principal
$425,000,000 incremental term loans and $847,440,000 exchange term loans for a total commitment of $1,272,440,000
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent
Rate
base rate plus 4.50% per annum or Term SOFR plus 5.50% per annum
Maturity
October 30, 2028
Event
amendment
Exact text from the filing
the “Second Amendment Closing Date”), the Second Amendment will, among other things, permit the Company to incur incremental term loans in an aggregate principal amount equal to $425,000,000 (the “Second Amendment Incremental Term Loans”) and permit the loans held by consenting lenders under the Existing TLB (the “Initial Term Loans”) to be exchanged for a like
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

New Fortress Energy Inc. amended term loan of reducing available commitments to zero with Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent.

Instrument
term loan
Principal
reducing available commitments to zero
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent
Event
amendment
Exact text from the filing
On March 3, 2025, the Company entered into the Fourth Amendment to Credit Agreement (the “Fourth Amendment”), by and among the Company, as borrower, the guarantors party thereto, the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent, which amends that certain Credit Agreement, dated as of July 19, 2024 (as amended by the Fourth Amendment, the “Amended TLA”), by and among the Company, as the borrower, the guarantors from time to time party thereto, the several lenders from time to time party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.7

New Fortress Energy Inc. amended credit facility with MUFG Bank Ltd., as administrative agent and as collateral agent.

Instrument
credit facility
Counterparty
MUFG Bank Ltd., as administrative agent and as collateral agent
Event
amendment
Exact text from the filing
On March 3, 2025, the Company entered into the Amended & Restated Eleventh Amendment to Credit Agreement
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.7

New Fortress Energy Inc. amended loan with Natixis, New York Branch, as Administrative Agent.

Instrument
loan
Counterparty
Natixis, New York Branch, as Administrative Agent
Event
amendment
Exact text from the filing
On March 3, 2025, the Company entered into the Amended & Restated Seventh Amendment to Uncommitted Letter of Credit and Reimbursement Agreement
View on SEC.gov

225 debt financings filed in the last 30 days. Browse all debt financings →

New Fortress Energy Inc. filing history →

Source: SEC EDGAR
accession 0001749723-25-000022
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