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NEW FORTRESS ENERGY INC.

(NFE)
  Report
Real-time Estimate Cboe BZX  -  01:42 2022-12-09 pm EST
44.91 USD   -1.13%
11/22New Fortress Energy Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)
AQ
11/22New Fortress finalizes deal to develop Lakach gas project in Mexico
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11/22New Fortress finalizes deal for Mexico's Lakach gas project
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NEW FORTRESS ENERGY INC. : Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

08/19/2022 | 04:19pm EST

Item 1.02. Termination of a Material Definitive Agreement.

On August 15, 2022, Golar Partners Operating LLC (the "Borrower"), an indirect subsidiary of New Fortress Energy Inc. ("NFE") repaid in full all outstanding principal and interest (together with fees, expenses and other amounts owed in connection therewith) under the senior secured amortizing term loan facility, dated as of September 18, 2021 (the "Term Loan Facility Agreement") entered into by the Borrower, Golar LNG Partners LP and certain subsidiaries of the Borrower (the "Guarantors"), with (i) Citibank N.A. ("Citi") and the lenders from time to time party thereto (the "Lenders"); (ii) Citigroup Global Markets Limited, Morgan Stanley Senior Funding, Inc. and HSBC Bank USA, N.A. as mandated lead arrangers; (iii) Goldman Sachs Bank USA as arranger; (iv) Citigroup Global Markets Limited and Morgan Stanley Senior Funding, Inc. as bookrunners; (v) Citigroup Global Markets Limited and Morgan Stanley Senior Funding, Inc. as co-ordinators, (vi) Citibank Europe Plc, UK Branch as agent and (vii) Citibank, N.A., London Branch as security agent (the "Security Agent"). The Term Loan Facility Agreement was terminated and all guarantees and security interests granted to the Security Agent in connection with the Term Loan Facility Agreement were released.

Item 2.01. Completion of Acquisition or Disposition of Assets.

The disclosure set forth in the "Introductory Note" of this Current Report on Form 8-K is incorporated into this Item 2.01 by reference insofar as it relates to the disposition of assets of the Company.

Item 7.01. Regulation FD Disclosure.

On August 15, 2022, NFE issued a press release announcing the closing of the Transaction and the establishment of the Platform, a copy of which is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

The information set forth in (and incorporated by reference into) this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that Section. The information in this Item 7.01 shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.


Item 9.01.   Financial Statements and Exhibits.

   Exhibit
     No.                                              Description
    99.1              Press Release, dated     August 15    , 2022, issued by New Fortress Energy
                    Inc.
     104            Cover Page Interactive Data File - the cover page XBRL tags are embedded within
                    the Inline XBRL document.



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