Preferred Stock Channel
New Fortress Energy Inc | 8.75% Series A Cumulative Redeemable Preferred Units (GMLPF)

Prospectus excerpt:  Distributions on the Series A Preferred Units are cumulative from the date of original issue and will be payable quarterly in arrears on the 15th day of February, May, August and November of each year, when, as and if declared by our board of directors. The initial distribution on the Series A Preferred Units offered hereby will be payable on February 15, 2018 in an amount equal to $0.63802 per unit. Distributions will be payable out of amounts legally available therefor at an initial rate equal to 8.75% per annum of the stated liquidation preference.

Full Prospectus PDF », Secondary Prospectus PDF », NFE Page »

Series:A
Redeemable?:Yes
Call Date:10/31/2022 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:4,800,000
Overallotment:720,000
Liquidation Preference:$25.00
Original Coupon:8.75%
Pay Period:Quarterly
Pay Dates:15-Feb, 15-May, 15-Aug, 15-Nov
CDx3 Compliance Rating: Learn GMLPF's Rating
New Fortress Energy is a holding company. Through its subsidiaries, Co. is a global integrated gas-to-power infrastructure company. Co. operates in two reportable segments: Terminals and Infrastructure and Ships. Terminals and Infrastructure includes Co.'s vertically integrated gas to power solutions, spanning the production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. Ships includes regasification units and liquified natural gas carriers that are leased to customers under long-term or spot arrangements.

Preferred: GMLPF


Open the NFE Information Page »
Name:  New Fortress Energy Inc
Website:  www.newfortressenergy.com
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding NFE:  37 (see which ones)
Total Market Value Held by ETFs:  $264,234,694.01
Total Market Capitalization:  $5,558,000,000
% of Market Cap. Held by ETFs:  4.75%

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