New Fortress Energy enters forbearance until Sept 15, 2026 on Letter of Credit facility

New Fortress Energy Inc.

Forbearance agreement with lenders under July 2021 Letter of Credit Agreement signed March 27, 2026.
Lenders agree to forbear from exercising remedies on specified defaults until September 15, 2026.
After termination, lenders may require cash collateralization of outstanding principal and other amounts.
Forbearance is linked to Restructuring Support Agreement (RSA) entered March 17, 2026 for recapitalization.
Failure to extend forbearance could trigger cash collateral requirement.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

New Fortress Energy Inc. entered into LCF Forbearance Agreement with Natixis, New York Branch (effective 2026-03-27).

Action: entry
Agreement: credit facility
Counterparty: Natixis, New York Branch
Effective: 2026-03-27

Exact text from the filing

On March 27, 2026, the Company entered into a forbearance agreement (the “LCF Forbearance Agreement”), by and among the Company, certain of its subsidiaries as guarantors party thereto, the lenders party thereto and Natixis, New York Branch as administrative agent and collateral agent under that certain Letter of Credit and Reimbursement Agreement, dated as of July 16, 2021

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New Fortress Energy Inc. filing history →

Source: SEC EDGAR

accession 0001749723-26-000022

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