---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-019359"
form_type: "8-K"
ticker: "FIP"
cik: "0001899883"
company_name: "FTAI Infrastructure Inc."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:43:06.348182+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FIP subsidiary Repauno prices $300M port & rail bonds, plans $106M term loan

## Summary
- $300M Series 2025 Bonds: $150M at 6.375% due 2035, $150M at 6.625% due 2045; closing May 28.
- Concurrently, Repauno plans $106M senior secured term loan (8.50% cash / 9.50% PIK) to refinance debt.
- Term loan matures 18 months from closing, extendable 18 months; secured pari passu with bondholders.
- Bonds are limited obligations of NJ EDA, not state-backed; offered to QIBs/accredited investors only.
- Term loan negotiations ongoing; no definitive agreements; bond closing not conditioned on loan.

## SEC filing metadata
- accession: 0001140361-25-019359
- form_type: 8-K
- ticker: FIP
- cik: 0001899883
- company_name: FTAI Infrastructure Inc.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1899883/000114036125019359/0001140361-25-019359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1899883/000114036125019359/ef20049173_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-019359
- JSON: https://secwatch.observer/filing/0001140361-25-019359.json
- Plain text: https://secwatch.observer/filing/0001140361-25-019359.txt

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