New Fortress Energy Inc. NFE

The Company did not make certain interest and principal payments that were due during the fiscal quarters ended December 31, 2025 and March 31, 2026 on (i) the 12.000% Senior Secured Notes due 2029 (the "New 2029 Notes") issued by NFE Financing LLC, an indirect subsidiary of the Company ("NFE Financing"), (ii) the Company's Credit Agreement, dated as of July 19, 2024 (the "Term Loan A Credit Agreement"), (iii) the Company's Credit Agreement, dated as of October 30, 2023 (the "Term Loan B Credit Agreement"), (iv) the Company's Credit Agreement, dated as of April 15, 2021 (the "Revolving Credit Agreement"), and (iv) the EB-5 Loan Agreement (as defined herein), and events of default arose under these debt agreements upon the expiration of contractual grace periods. Additionally, the Company did not make interest and principal payments that were due on March 15 and March 31, 2026, respectively, on (a) the 6.500% Senior Secured Notes due 2026 issued by the Company (the "2026 Notes") and (b) the 8.750% Senior Secured Notes due 2029 issued by the Company (the "2029 Notes"), which will result in events of default under each series of notes on April 15 and April 30, 2026, respectively. The indentures and credit agreements underlying substantially all of our outstanding debt includes cross-acceleration and/or cross-default provisions that upon such acceleration of the outstanding principal of any of the debt in default, all of the Company's other outstanding debt would be payable on demand.