Brief: Ftai Infrastructure Intends To Commence Offering Of Additional Notes

FTAI Infrastructure

29/06/2023 17:16

June 29 (Reuters) - Ftai Infrastructure Inc  FIP.O :
    * FTAI INFRASTRUCTURE INC - INTENDS TO COMMENCE OFFERING OF ADDITIONAL NOTES
    * FTAI INFRASTRUCTURE - ADDITIONAL NOTES ARE BEING OFFERED AS ADDITIONAL ISSUANCE OF
EXISTING
NOTES
    * FTAI INFRASTRUCTURE - TO USE NET PROCEEDS FROM THE OFFERING TO REPAY AMOUNT OUTSTANDING
UNDER
TRANSTAR REVOLVER, BRIDGE LOAN CREDIT AGREEMENT
    * FTAI INFRASTRUCTURE - EXPECT TO GENERATE INCREASING ANNUAL ADJUSTED EBITDA OVER TIME

Source text - https://bit.ly/3JBq0hM
Further company coverage:  FIP.O 

 ((Reuters.Briefs@thomsonreuters.com;))