FTAI Aviation to Redeem Outstanding Series B Preferred Shares

MT Newswires Live

2025/01/18

FTAI Aviation (FTAI) said Friday that it will redeem all outstanding 4.9 million 8% fixed-to-floating rate series B cumulative perpetual redeemable preferred shares.

The redemption price is set at $25 per series B share in cash along with about $2.4 million of accumulated and unpaid distributions, according to the company.

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