New Fortress Energy Announces Debt for Equity Exchange and Consensual Restructuring Plan

New Fortress Energy Inc. (NFE) has completed a debt for equity exchange and consensual restructuring plan, utilizing the U.K. RP process. The transaction is one of the largest and most successful consensual restructurings ever completed, and was agreed upon by NFE's major counterparties on the debt side. The plan aims to exchange debt for equity while continuing to run the company's operations.