New Fortress Energy Creditors Preparing for Confidential Talks

Some creditors to Wes Edens’ New Fortress Energy Inc. plan to sign non-disclosure agreements with the liquefied natural gas company as soon as this week in preparation for debt talks, according to people with knowledge of the situation.

• Advisers to multiple creditor groups informed investors of plans to form a negotiating committee to enter into confidential discussions with NFE as it seeks options to slash its debt and interest expenses, said the people, who asked not to be identified because they’re not authorized to speak publicly. The timing of the plans could change, they added.
  • Creditor advisers previously entered into ...