New Fortress Energy plunges as creditors reportedly organize amid sliding bond prices

3 weeks ago 1

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New Fortress Energy (NASDAQ:NFE) -7.6% in Friday's trading as Bloomberg reports various creditor groups have have formed amid a mounting debt crisis at the liquefied natural gas company.

Some term loan lenders have organized with legal counsel Akin Gump Strauss Hauer & Feld, while

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