FTAI Aviation Ltd. (FTAI) has issued an update.
Fortress Transportation and Infrastructure Investors LLC is exploring various potential transactions to expand its aviation sector footprint, which may be funded through debt, equity, or their existing credit facilities. As of late March 2024, the company had significant borrowing capacity. Additionally, they’ve announced a private offering of $650 million in senior notes due 2031 to fund the purchase of existing 2025 Notes, with a tender offer allowing note holders to sell at a set price, subject to certain conditions. These forward-looking statements involve risks and uncertainties that could affect the actual outcomes.
Learn more about FTAI stock on TipRanks’ Stock Analysis page.
