Fortress Transportation and Infrastructure Investors LLC Announces the Pricing of the Private Offering of Jefferson Energy Companies Series 2020 Bonds
FTAI Aviation Ltd. (FTAI)
Last ftai aviation ltd. earnings: 4/30 04:15 pm
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Source: GlobeNewswire
NEW YORK, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), through its Jefferson Energy companies (“Jefferson”), and The Port of Beaumont Navigation District of Jefferson County, Texas, announced the pricing of their previously announced private offering of Series 2020 Bonds with an aggregate principal amount of $263,980,000. The Series 2020 Bonds will be designated as $184,920,000 of Series 2020A Dock and Wharf Facility Revenue Bonds (the “Series 2020A Bonds”), and $79,060,000 of Series 2020B Taxable Facility Revenue Bonds (the “Taxable Series 2020B Bonds”). The Series 2020A Bonds maturing on January 1, 2035 ($53,520,000 aggregate principal amount) will bear interest at a fixed rate of 3.625%, the Series 2020A Bonds maturing on January 1, 2050 ($131,400,000 aggregate principal amount) will bear interest at a fixed rate of 4.00%, and the Taxable Series 2020B Bonds will mature on January 1, 2025 and will bear interest at a fix
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