debt
confidence high
sentiment neutral
materiality 0.50
FTAI Infrastructure subsidiary Jefferson and Port of Beaumont increase bond authorization to $385M, extend tender offer
FTAI Infrastructure Inc.
- Port of Beaumont Board approved additional $35M Series 2024 Bonds, raising total authorization to $385M.
- Tender offer expiration extended to May 28, 2024 from May 21; withdrawal deadline also May 28.
- Final results expected May 29, 2024; settlement date on or about June 19, 2024.
- Tender offer is for certain outstanding Series 2020A and Series 2021A bonds.