Fortress’s $100 Million High?Yield Senior Notes Offering


Cravath represented Fortress Transportation and Infrastructure Investors LLC (“FTAI”) in connection with its $100 million 144A/Reg. S high?yield senior notes offering.

Proceeds of the offering will be used for general corporate purposes, including the funding of future investments.

Fortress Transportation and Infrastructure Investors LLC owns and acquires transportation and transportation-related infrastructure assets. The Company invests in aviation, energy, intermodal transport, and rail sectors. The company, led by Joseph P Adams Jr, Scott Christopher and Cameron D Macdougall, focuses on infrastructure and equipment leasing.The transaction closed on December 20, 2017.

The Cravath team included partner Johnny G. Skumpija (Picture) and associates William F. Roegge and Sarah R. Jacobson on securities matters, and associate Damien Rose on tax matters. Jeffrey M. Amico also worked on securities matters and Rory M. Minnis worked on tax matters.

Involved fees earner: Johnny Skumpija – Cravath Swaine & Moore; William Roegge – Cravath Swaine & Moore; Sarah Jacobson – Cravath Swaine & Moore; Damien Rose – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Fortress Transportation and Infrastructure Investors LLC;

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Author: Ambrogio Visconti