---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-016709"
form_type: "8-K"
ticker: "FIP"
cik: "0001899883"
company_name: "FTAI Infrastructure Inc."
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:43:32.076129+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-016709
- form_type: 8-K
- ticker: FIP
- cik: 0001899883
- company_name: FTAI Infrastructure Inc.
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1899883/000114036125016709/0001140361-25-016709-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1899883/000114036125016709/ef20048063_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-016709
- JSON: https://secwatch.observer/filing/0001140361-25-016709.json
- Plain text: https://secwatch.observer/filing/0001140361-25-016709.txt

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