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0.010204081632653 0.010204081632653 0 0 -0.00102040816326528 -0.010204081632653 -0.0107142857142858 -0.00102040816326528
Stock impact report

New Fortress Energy Financing Update

New Fortress Energy Inc. - Class A (NFE) 
Last new fortress energy inc. - class a earnings: 3/4 12:02 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce the completion of the first step of the Company’s $2.7 billion issuance of new senior secured notes due 2029 (the “Transaction”).The Transaction will be completed in two steps; the first step completed was the funding of $1.2 billion new senior secured notes. The second step will be an issuance and private exchange of $1.5 billion new senior secured notes expected to close during the first week of December for a total of $2.7 billion new notes issued that mature in November 2029.As a result of the Transaction, the Company will achieve three key objectives:Refinancing $2.4 billion of our existing bonds, including all bonds maturing in 2025 and more than two-thirds of our outstanding bonds maturing in 2026 and 2029Extending the maturity of $900 million of the Company’s $1 billion Revolving Credit Facility to October 2027 (effective once the second step of the transaction Show less Read more
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