secwatch.observer — SEC 8-K summary
======================================

Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001140361-22-026584
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure prices $50M add-on of 10.5% senior secured notes due 2027 at 94.585%
--------------------------------------------------------------------------------

- Priced $50M aggregate principal amount of 10.500% senior secured notes due 2027 at 94.585% of par plus accrued interest.
- Existing $450M principal of the same notes outstanding; total will be $500M.
- Notes issued in connection with spin-off from FTAI; net proceeds to be distributed to FTAI to repay debt.
- Additional notes have identical terms as existing notes and will be treated as a single class.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000114036122026584/0001140361-22-026584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000114036122026584/brhc10039852_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-026584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer