FTAI Aviation Ltd. (FTAI) has shared an announcement.
Fortress Transportation and Infrastructure Investors LLC successfully issued $700 million of 7.000% Senior Notes due 2031 to qualified institutional buyers, with the intent to finance the buyback and redemption of their existing 6.50% Senior Notes due 2025. The company completed a cash tender offer and used the net proceeds to manage the outstanding debt, positioning themselves for future financial stability and growth. This strategic move was publicly announced, solidifying their commitment to efficient capital management.
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