FTAI’s $20 Million Common Stock Offering

Cravath represented Fortress Transportation & Infrastructure Investors LLC (“FTAI”) in connection with its $20 million registered common stock offering.

FTAI, which is externally managed by an affiliate of Fortress Investment Group LLC, develops and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. The shares were listed on the New York Stock Exchange.

The transaction closed on December 6, 2018.

The Cravath team included partner Johnny G. Skumpija (Picture) and associates William F. Roegge, Claudia J. Ricciardi and Ana Drmanovic.

Involved fees earner: Ana Drmanovic – Cravath Swaine & Moore; Claudia Ricciardi – Cravath Swaine & Moore; William Roegge – Cravath Swaine & Moore; Johnny Skumpija – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Fortress Transportation and Infrastructure Investors LLC;

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Author: Ambrogio Visconti