2023-03-08 08:56:43 ET
- FTAI Aviation ( NASDAQ: FTAI ) plans to offer Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, liquidation preference $25/share in a registered underwritten public offering.
- Underwriters granted 30-day option to purchase up to an additional 15% of the Preferred Shares.
- Net proceeds to be used for general corporate purposes.
- It plans to apply to list the Preferred Shares on the Nasdaq Global Select Market under the symbol "FTAIM".
For further details see:
FTAI Aviation to raise capital in preferred shares offering