debt
confidence high
sentiment negative
materiality 0.80
NFE extends forbearance on 12% notes to Jan 9; amends LC facility to keep $195M commitments
New Fortress Energy Inc.
- Forbearance period on 12% Senior Secured Notes due 2029 extended from Dec 15 to Jan 9, 2026.
- Company missed semiannual interest payment due Nov 17, 2025; >70% holders agreed to forbear from remedies.
- Company expects to continue advancing restructuring negotiations with stakeholders during forbearance.
- Twelfth Amendment to LC facility canceled Dec 22 commitment reduction; commitments remain approx. $195M.