{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-032534","form_type":"8-K","ticker":"FIP","cik":"0001899883","company_name":"FTAI Infrastructure Inc.","filed_at":"2025-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.550477+00:00","generated_at":"2026-05-17T10:21:51.875144+00:00","sec_items":["1.01","1.02","2.01","2.03","3.02","3.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"FTAI Infrastructure completes $1.05B acquisition of Wheeling Corporation and secures $1.25B bridge financing","bullets":["Acquired Wheeling Corporation for $1.05 billion in cash, subject to customary adjustments, via subsidiary FIP RR Holdings.","Entered into a $1.25 billion 364-day secured bridge loan facility with Barclays as administrative agent, maturing August 24, 2026.","Issued 1,000,000 Series A Preferred Units and warrants to funds managed by Ares Management for $1.0 billion.","Redeemed all $600 million 10.500% Senior Secured Notes due 2027 at 105.250% of principal plus accrued interest.","Redeemed all 300,000 shares of Series A Senior Preferred Stock for approximately $447.1 million in cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-032534","json":"https://secwatch.observer/filing/0001140361-25-032534.json","markdown":"https://secwatch.observer/filing/0001140361-25-032534.md","text":"https://secwatch.observer/filing/0001140361-25-032534.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125032534/0001140361-25-032534-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125032534/ef20054420_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-17T10:21:51.875144+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e031150c171086fc353277a1825219a95c2123f","claim":"FTAI Infrastructure Inc. incurred credit facility of $1.25 billion with Barclays Bank PLC at Adjusted Secured Overnight Financing Rate, plus a margin of 4.00% per annum maturing August 24, 2026.","evidence_excerpt":"the Company entered into a credit agreement (the “ Bridge Loan Credit Agreement ”) with BARCLAYS, as administrative agent (the “ Administrative Agent ”) and the lenders party thereto. The Bridge Loan Credit Agreement provides for a 364-day, $1.25 billion secured bridge loan facility (the “ Bridge Loan ”). The Bridge Loan will mature on August 24, 2026. Interest under the Bridge Loan will accrue at the Adjusted Secured Overnight Financing Rate, plus a margin of 4.00% per annum.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125032534/0001140361-25-032534-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$1.25 billion"},{"label":"Counterparty","value":"Barclays Bank PLC"},{"label":"Rate","value":"Adjusted Secured Overnight Financing Rate, plus a margin of 4.00% per annum"},{"label":"Maturity","value":"August 24, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"98db7c2e5730109d43f48f5326232a6d4081db03","claim":"FTAI Infrastructure Inc. completed an acquisition involving WLE Management Partners, L.P. for approximately $1.05 billion, subject to customary adjustments (closed 2025-08-25).","evidence_excerpt":"wholly-owned subsidiary of Percy. The aggregate cash consideration paid in exchange for all of the issued and outstanding capital stock of Wheeling at closing was approximately $1.05 billion, subject to customary adjustments. A portion of the cash consideration was placed into escrow to secure any post-closing purchase price adjustment payment obligations under the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1899883/000114036125032534/0001140361-25-032534-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"WLE Management Partners, L.P."},{"label":"Consideration","value":"approximately $1.05 billion, subject to customary adjustments"},{"label":"Closing","value":"2025-08-25"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}