{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-005888","form_type":"8-K","ticker":"FIP","cik":"0001899883","company_name":"FTAI Infrastructure Inc.","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.531438+00:00","generated_at":"2026-05-26T04:59:22.041294+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FTAI Infrastructure's Long Ridge subsidiary closes $1B refinancing with $400M term loans and $600M 8.75% notes","bullets":["$600M 8.75% senior secured notes due 2032; $400M term loans at SOFR+4.50% due Feb 2032.","Proceeds used to repay ~$599M existing loans, fund reserves, cash collateralize derivatives, and pay fees.","Long Ridge targets ~$223M annual revenue and ~$160M Adjusted EBITDA post-refinancing (forward-looking).","Refinancing includes quarterly amortization of 0.25% of term loan principal and 100% excess cash flow sweep from June 30, 2025.","Prior First Lien and Second Lien credit agreements terminated upon repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-005888","json":"https://secwatch.observer/filing/0001140361-25-005888.json","markdown":"https://secwatch.observer/filing/0001140361-25-005888.md","text":"https://secwatch.observer/filing/0001140361-25-005888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125005888/0001140361-25-005888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125005888/ef20044242_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:59:22.041294+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}