NFE Brazil subsidiary issues $973.5M of 12% secured notes to refinance debt and fund operations

Filed June 25, 2026 · Period ending June 19, 2026 · ~1 min read

Key Changes

• high

  NFE Brazil issued $973.5 million in 12% senior secured notes due 2029, with interest paid in-kind semiannually. Approximately $477 million refinances existing debt; remaining ~$496 million funds operations, capex, working capital, restructuring costs, and intercompany payables.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Parent company New Fortress Energy secured a turnover agreement ensuring it receives ratable payments alongside noteholders based on ~$425 million of intercompany obligations. NFE Brazil cannot pay noteholders without corresponding payments to the parent.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Noteholders holding two-thirds of principal can agree to convert notes into debt or equity of NFE Brazil or a parent entity of the Brazil business, providing potential restructuring flexibility.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →