New Fortress Energy Warns of Bankruptcy If Other Options Fail

Shares of billionaire Wes Edens’ New Fortress Energy Inc. tumbled after the company warned it may seek bankruptcy protection in the US if its efforts to negotiate an out-of-court restructuring...

By Ruth Liao · Bloomberg Markets

Shares of billionaire Wes Edens’ New Fortress Energy Inc. tumbled after the company warned it may seek bankruptcy protection in the US if its efforts to negotiate an out-of-court restructuring with lenders falls short.