Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
FTAI Infrastructure Incorporation (FIP) has provided an update.
FTAI Infrastructure Inc.’s subsidiary, Jefferson, alongside the Port of Beaumont, is gearing up to offer Series 2024 Bonds totaling around $275.94 million to fund various infrastructure projects and financial maneuvers, including property purchases and bond repurchases. While the bond offer is set to propel Jefferson’s revenue to an estimated $180 million and its Adjusted EBITDA to roughly $105 million by 2026, these projections hinge on achieving 90% capacity at Jefferson Terminal and favorable contract terms, underscoring that these forward-looking statements are speculative and subject to change.
See more data about FIP stock on TipRanks’ Stock Analysis page.
