New Fortress Energy LLC set terms for its planned initial public offering on Monday, saying it plans to offer 22.2 million shares priced at $17 to $19 each. The energy infrastructure company would raise $399.6 million at the midpoint of that range. Morgan Stanley, Barclays, Citigroup and Credit Suisse are underwriters on the deal with Evercore ISI, Allen & Company LLC, JMP Securities and Stifel acting as co-managers. The company has applied to list on Nasdaq, under the ticker symbol "NFE".
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