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New Fortress Energy Inc. Announces Results of Early Consent Solicitation and Extension of Early Consent Deadline to April 8, 2026
Overwhelming Support of Over 95% of Lenders Achieved NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) previously
About this update from New Fortress Energy Inc.
[{"type":"text","content":"\nOverwhelming Support of Over 95% of Lenders Achieved\n\n\n NEW YORK--(BUSINESS WIRE)--\nNew Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) previously announced on March 17, 2026 that it entered into a Restructuring Support Agreement (“RSA”) with its creditors as part of a consensual UK Restructuring Plan (“UK RP”).\n\n\nNFE is pleased to announce that it has received strong indications of support for the previously announced transaction, to be implemented through a UK RP, from its stakeholders, including holders and lenders representing over 95% of its approximately $5.8 billion principal amount of NFE’s aggregate indebtedness, including, approximately:\n\n\n\n93% of holders of the 2026 Legacy Notes;\n\n\n\n87% of holders of the 2029 Legacy Notes;\n\n\n\n98% of holders of the 2029 New Notes;\n\n\n\n100% of lenders of the Term Loan A;\n\n\n\n88% of lenders of the Term Loan B; and\n\n\n\n100% of lenders of the Revolving Credit Facility.\n\n\n\nTo ensure all holders who intend to accede to the RSA have ample time to submit directions via their custodians, the Company is announcing today the extension of the deadline for creditors to accede to the RSA and, provided certain conditions are met, be eligible for an early consent fee, to 5:00pm, New York City time, on April 8, 2026. Any questions on how to accede to the RSA including submitting direction through the clearing systems should be directed to the information agent, Kroll Issuer Services Limited, at the email address [email protected] and further information is available on its website https://deals.is.kroll.com/nfe.\n\n\nAs previously announced, the Company expects to launch the UK RP process in April and the transaction is expected to be completed by the third quarter of 2026, subject to court availability, customary conditions and regulatory approvals. This expected timeline is on track and remains unchanged.\n\n\nAbout New Fortress Energy Inc.\n\n\nNew Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, th...