FTAI Infrastructure Inc., through its subsidiary DRP Urban Renewal 4, LLC, has secured a new financing arrangement as part of a broader financial strategy. On May 28, 2025, DRP 4, in collaboration with Deutsche Bank Company Americas and several lenders, entered into a Senior Secured Credit Agreement. This agreement facilitates the provision of senior secured term loans totaling $100 million and the issuance of a letter of credit up to $6 million to support a debt service reserve account. The loans offer flexible interest payment options, either in cash at 8.50% per annum or in kind at 9.50% per annum, with an initial maturity of 18 months and potential extensions. The funds will be utilized to repay existing obligations and cover related expenses, bolstering the financial structure of FTAI Infrastructure Inc.
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