secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001140361-23-032176
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure prices $100M add-on of 10.500% senior secured notes due 2027
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- Offering of $100M aggregate principal at 95.50% of par, plus accrued interest from June 1, 2023.
- Additional Notes rank equally with existing $500M 10.500% notes due 2027 under same indenture.
- Proceeds to repay Transtar revolver and bridge loan; remaining for general corporate purposes.
- Closing expected July 5, 2023, subject to customary conditions; guaranteed by certain subsidiaries.
- Offered to QIBs under Rule 144A and offshore under Regulation S; not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000114036123032176/0001140361-23-032176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000114036123032176/brhc20055208_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-032176

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