FIP subsidiary plans $276M bond issuance; targets $180M revenue by 2026

FTAI Infrastructure Inc.

Jefferson unit to issue ~$275.9M in Series 2024 Bonds; ~$76.2M tax-exempt, ~$199.7M taxable.
Port of Beaumont may launch up to $70M tender offer for Series 2020A/2021A bonds.
Proceeds to fund property purchase, facility construction, and refinance $79M 2020B bonds.
Projects expected to complete by end-2025; 2026 targets: $180M revenue, $105M Adj. EBITDA.
Jefferson assumes 90% terminal throughput and OCI ammonia contract at current market rates.

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