FTAI Infrastructure subsidiary plans $300M bond offering to expand Repauno terminal

FTAI Infrastructure Inc.

Repauno intends to issue ~$300M Series 2025 Bonds to finance dock and cryogenic tank expansion at New Jersey port terminal.
Proceeds also fund debt service reserve, interest reserve, and ramp-up operating reserve for the project.
FIP has invested over $332M in Repauno to-date; Phase 2 targets annual revenue up to $130M and Adjusted EBITDA up to $100M.
Repauno currently has commitments for ~79,500 bbls/day throughput at ~$3.53/bbl, targeting 96,000 bbls/day at $3.70/bbl.
Bonds offered only to QIBs and institutional accredited investors under Rule 144A.

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.