New Fortress Energy Bonds Sink Further After 1Q Report

New Fortress Energy bonds extended their post-earnings plunge Thursday morning, hitting another round of record lows.

• Its 12% note due 2029 sunk 22.75 cents to 42 cents on the dollar as of 9:25am ET, according to Trace data
• The firm’s 8.75% bond due 2029 dropped 15 cents to 25 cents
• READ: New Fortress Energy Shares Sink After Plunge in 1Q Earnings

--With assistance from James Crombie.

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Rene Ismail in New York at rismail31@bloomberg.net

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Lauren Tara LaCapra at llacapra1@bloomberg.net

Kevin Kingsbury

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