|Bid||0.00 x 3000|
|Ask||0.00 x 1100|
|Day's Range||33.97 - 36.80|
|52 Week Range||7.01 - 39.09|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 09, 2020 - Nov. 13, 2020|
|Forward Dividend & Yield||0.40 (1.17%)|
|Ex-Dividend Date||Sep. 03, 2020|
|1y Target Est||30.42|
New Fortress Energy Inc. (NASDAQ:NFE) ("New Fortress" or the "Company") announced today that its Board of Directors (the "Board") has declared a third quarter 2020 common stock dividend of $0.10 per Class A Common Share.
New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") announced today the pricing of its previously announced private offering of $1,000 million (upsized from $800 million) aggregate principal amount of senior secured notes due 2025 (the "Notes"). The Notes will bear interest at 6.750% per annum and will be issued at an issue price equal to 100% of principal, plus accrued interest, if any, from September 2, 2020. The Company intends to use the net proceeds from the offering, together with cash on hand, to repay in full the amounts outstanding under its credit agreement and to redeem in full the senior secured bonds and senior unsecured bonds issued by its subsidiary, NFE South Power Holdings Limited, terminating the credit agreement and the documentation governing such bonds, in each case including related premiums, costs and expenses. The closing of the offering is subject to certain limited conditions.
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