tiprankstipranks
Trending News
More News >

FTAI Infrastructure Prices $300M Bond Offering

Story Highlights
  • FTAI Infrastructure Inc. priced a $300 million bond offering for the Repauno Port & Rail Terminal Project.
  • Repauno plans a $106 million term loan to refinance obligations, secured by the same collateral as the bonds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FTAI Infrastructure Prices $300M Bond Offering

Confident Investing Starts Here:

FTAI Infrastructure Incorporation ( (FIP) ) has provided an announcement.

On May 15, 2025, FTAI Infrastructure Inc.’s subsidiary, DRP Urban Renewal 4, LLC, along with the New Jersey Economic Development Authority, priced a private offering of $300 million in Series 2025 Bonds for the Repauno Port & Rail Terminal Project. The bonds, maturing in 2035 and 2045, will bear fixed interest rates of 6.375% and 6.625%, respectively. The offering is limited to qualified institutional buyers and accredited investors, with the closing expected on May 28, 2025. Concurrently, Repauno plans to enter into a Senior Secured Credit Agreement for a $106 million term loan to refinance existing obligations and for general corporate purposes. This loan will have an initial maturity of 18 months, extendable by another 18 months, and will be secured by the same collateral as the Series 2025 Bonds.

The most recent analyst rating on (FIP) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on FTAI Infrastructure Incorporation stock, see the FIP Stock Forecast page.

Spark’s Take on FIP Stock

According to Spark, TipRanks’ AI Analyst, FIP is a Neutral.

FTAI Infrastructure’s stock score reflects mixed financial performance with notable revenue growth but significant profitability and cash flow challenges. Technical indicators show weak momentum, and valuation is constrained by negative earnings. However, strategic initiatives and recent corporate events offer potential for improved future performance, balancing some current financial risks.

To see Spark’s full report on FIP stock, click here.

More about FTAI Infrastructure Incorporation

Average Trading Volume: 1,466,887

Technical Sentiment Signal: Sell

Current Market Cap: $605.9M

Find detailed analytics on FIP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1