m_and_a
confidence high
sentiment neutral
materiality 0.85
FTAI Infrastructure Q2 net loss $79.8M, adj EBITDA $45.9M; acquires Wheeling & Lake Erie Railway for $1.05B
FTAI Infrastructure Inc.
- Net loss attributable to stockholders $79.8M, diluted EPS -$0.73 for Q2 2025.
- Adjusted EBITDA of $45.9M; four core segments Adjusted EBITDA $52.6M.
- Agreed to acquire Wheeling & Lake Erie Railway for $1.05B cash; plan to refinance existing 10.50% notes and Series A preferred stock.
- Board declared cash dividend of $0.03/share, payable Sep 8 to holders of record Aug 25.
- Closed $300M tax-exempt debt at Repauno at avg 6.50% coupon; phase 2 construction underway.
item 2.02item 9.01