New Fortress Energy LLC

Description

New Fortress Energy LLC has executed a fully committed $800 million term loan facility provided by certain funds and accounts managed by affiliates of Apollo Global Management Inc.

The term loan facility has a three-year term, and loans issued under the facility will bear interest at an annual rate equal to LIBOR plus 6.25%, subject to a 1.50% LIBOR floor and annual increases in the interest rate spread.

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Estimated Price
$800.0MM
Financing Type
Report Date