FTAI Infrastructure Inc. Files 8-K

TL;DR

FTAI filed an 8-K on Feb 7, 2025. No major news yet, just standard reporting.

AI Summary

FTAI Infrastructure Inc. filed an 8-K on February 7, 2025, reporting under "Other Events" and "Financial Statements and Exhibits." The filing does not contain specific financial figures or operational details in the provided text, but it confirms the company's reporting status and corporate information. FTAI Infrastructure Inc. is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing serves as a notification to the SEC and investors about significant corporate events or financial updates, ensuring transparency and compliance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure and does not contain information that inherently increases risk.

Key Players & Entities

• FTAI Infrastructure Inc. (company) — Registrant
• February 7, 2025 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• New York (location) — Principal Executive Offices City
• 1345 Avenue of the Americas (address) — Business Address

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share FIP The Nasdaq Global Sel
• $600 million — the pricing of its private offering of $600 million aggregate principal amount of 8.750% se
• $500 million — e size of the offering was upsized from $500 million to $600 million (the " Notes Offering U
• $400 million — ceeds from its previously announced new $400 million senior secured term loan (the " New Ter
• $599 million — erminate, the outstanding approximately $599 million aggregate principal amount of its exist
• $30.5 million — and make-whole costs and/or using up to $30.5 million of the New Term Loan to cash collateral

Filing Documents

• ef20043056_8k.htm (8-K) — 35KB
• 0001140361-25-003575.txt ( ) — 171KB
• fip-20250207.xsd (EX-101.SCH) — 4KB
• fip-20250207_lab.xml (EX-101.LAB) — 21KB
• fip-20250207_pre.xml (EX-101.PRE) — 16KB
• ef20043056_8k_htm.xml (XML) — 4KB

01

Item 8.01 Other Events On February 7, 2025, Long Ridge Energy LLC (the " Company "), a Delaware limited liability company and a subsidiary of Long Ridge Energy & Power LLC, a Delaware limited liability company and an equity method investment within the Power and Gas segment of FTAI Infrastructure Inc. (" FIP "), announced the pricing of its private offering of $600 million aggregate principal amount of 8.750% senior secured notes due 2032 (the " Notes "). The aggregate size of the offering was upsized from $500 million to $600 million (the " Notes Offering Upsize "). The Notes will be issued at an issue price equal to 100.000% of principal, plus accrued interest from and including February 19, 2025. The Notes will be issued pursuant to an indenture among the Company, Long Ridge Energy Generation LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (" Long Ridge Energy "), Ohio GasCo LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (" Ohio GasCo " and, together with Long Ridge Energy, the " Subsidiary Guarantors "), and U.S. Bank Trust Company, National Association, as trustee and collateral agent. The offering of the Notes is expected to close on February 19, 2025, subject to satisfaction of customary closing conditions. The Notes will bear interest at a rate of 8.750% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, commencing on August 15, 2025, to persons who are registered holders of the Notes on the immediately preceding February 1 and August 1, respectively. The Notes will mature on February 15, 2032. The Notes will be fully and unconditionally guaranteed on a joint and several basis by the Company and the Subsidiary Guarantors and will be senior obligations and secured (i) by a first-priority lien on the real property, tangible property, intangible property, accounts and other assets of the Company and the Subsidiary Guarantors, subject to certain

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FTAI INFRASTRUCTURE INC. By: /s/ Kenneth J. Nicholson Name: Kenneth J. Nicholson Title: Chief Executive Officer and President Date: February 7, 2025

View Full Filing

View this 8-K filing on SEC EDGAR