FIP's Jefferson Terminal prices upsized $382.3M bond offering; tender offer accepts $108M

FTAI Infrastructure Inc.

$382.3M Series 2024 Bonds priced: $164.4M Series 2024A (5.0%-5.25%, due 2039-2054) and $217.9M Series 2024B (10.0%, due 2026).
Tender offer expired with $234.2M tendered; $108.0M of Series 2020A/2021A bonds accepted at $725-$939/$1,000.
Offering upsized from initial $275.9M; closing expected June 20, 2024, subject to conditions.
Bonds are limited obligations of Port of Beaumont, not FIP debt; sold only to qualified institutional buyers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.