---
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"
generated_at: "2026-05-26T04:59:22.041294+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FTAI Infrastructure's Long Ridge subsidiary closes $1B refinancing with $400M term loans and $600M 8.75% notes

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-005888
- JSON: https://secwatch.observer/filing/0001140361-25-005888.json
- Plain text: https://secwatch.observer/filing/0001140361-25-005888.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.