---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-027698"
form_type: "8-K"
ticker: "FTAI"
cik: "0001590364"
company_name: "FTAI Aviation Ltd."
filed_at: "2022-08-01T23:59:59+00:00"
generated_at: "2026-06-24T06:29:21.919565+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FTAI completes spin-off of FTAI Infrastructure; receives $730M distribution, repays debt

## Summary
- Completed spin-off of FTAI Infrastructure; FTAI shareholders received one share of FTAI Infrastructure per share held.
- Received $730M distribution from FTAI Infrastructure; used proceeds to repay all 2021 Bridge Loans, redeem $200M of 6.50% senior notes due 2025, and repay $175M under revolver.
- Entered into new Management Agreement with FIG LLC (Fortress affiliate) for six-year initial term with automatic renewal.
- Plans to pursue a merger transaction to become a Cayman Islands entity, subject to shareholder approval.

## SEC filing metadata
- accession: 0001140361-22-027698
- form_type: 8-K
- ticker: FTAI
- cik: 0001590364
- company_name: FTAI Aviation Ltd.
- filed_at: 2022-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590364/000114036122027698/0001140361-22-027698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590364/000114036122027698/brhc10040167_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-027698
- JSON: https://secwatch.observer/filing/0001140361-22-027698.json
- Plain text: https://secwatch.observer/filing/0001140361-22-027698.txt

## Key facts
- Executive change
  Eun (Angela) Nam was appointed as Chief Financial Officer at FTAI Aviation Ltd..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Board of Directors of the Company appointed Eun (Angela) Nam as the Company’s Chief Financial Officer, effective August 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590364/000114036122027698/0001140361-22-027698-index.htm
- Executive change
  Scott Christopher resigned as Chief Financial Officer at FTAI Aviation Ltd..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Scott Christopher resigned as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590364/000114036122027698/0001140361-22-027698-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
