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New Fortress Energy: Capital Structure Arbitrage Provides 20%+ Return (NASDAQ:NFE)

The broad difference in valuations implied by New Fortress Energy's (NASDAQ: NFE ) equity valuation and the pricing of its debt instruments provides a unique trading opportunity. Investors can create a low-risk, medium-term (9-16 month) investment that provides a 20% plusI've had a 35+ year career in capital markets, derivatives and investment management. Through the '90s, I concentrated in derivatives and ran the Global Equity Derivatives Group at Chase (the group included several client driven and proprie ...