---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-021294"
form_type: "8-K"
ticker: "FIP"
cik: "0001899883"
company_name: "FTAI Infrastructure Inc."
filed_at: "2025-06-03T23:59:59+00:00"
generated_at: "2026-05-20T01:59:32.313111+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FTAI Infrastructure subsidiary issues $300M bonds and $100M term loan for Repauno terminal

## Summary
- DRP Urban Renewal 4 issued $300M Series 2025 Bonds: $150M at 6.375% due 2035, $150M at 6.625% due 2045.
- Senior secured term loan of $100M from Deutsche Bank at 8.50% cash (9.50% PIK) with 18-month maturity extendable.
- Proceeds used to repay existing obligations; bonds are limited obligations of NJ EDA secured by project collateral.
- Term loan includes a $6M letter of credit for debt service reserve; bonds priced at 99% of par.

## SEC filing metadata
- accession: 0001140361-25-021294
- form_type: 8-K
- ticker: FIP
- cik: 0001899883
- company_name: FTAI Infrastructure Inc.
- filed_at: 2025-06-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1899883/000114036125021294/0001140361-25-021294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1899883/000114036125021294/ef20050005_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-021294
- JSON: https://secwatch.observer/filing/0001140361-25-021294.json
- Plain text: https://secwatch.observer/filing/0001140361-25-021294.txt

## Key facts
- Debt Financings
  FTAI Infrastructure Inc. incurred term loan of $100,000,000 with Deutsche Bank AG, New York Branch at 8.50% per annum cash or 9.50% per annum paid in kind maturing 18 months from Closing Date, extendable in 6 month increments up to an additional 18 months.
  - Instrument: term loan
  - Principal: $100,000,000
  - Counterparty: Deutsche Bank AG, New York Branch
  - Rate: 8.50% per annum cash or 9.50% per annum paid in kind
  - Maturity: 18 months from Closing Date, extendable in 6 month increments up to an additional 18 months
  - Event: incurrence
  source text: which provided for (i) the advance of senior secured term loans in an aggregate principal amount of $100.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1899883/000114036125021294/0001140361-25-021294-index.htm

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