Ftai aviation announces full redemption of outstanding 8.00% fixed-to-floating rate series b cumulative perpetual redeemable preferred shares

New york, jan. 17, 2025 (globe newswire) -- ftai aviation ltd. (nasdaq: ftai; “ftai aviation” or the “company”) announced today that it will redeem all of the company's outstanding 4,940,000 8.00% fixed-to-floating rate series b cumulative perpetual redeemable preferred shares (the “series b shares”) at a redemption price equal to $25.00 per series b share in cash, plus $2,405,404.25 of accumulated and unpaid distributions thereon to, but not including, the redemption date of february 16, 2025 (the “redemption”). the series b shares trade under the ticker symbol “ftaio.”
FTAI Ratings Summary
FTAI Quant Ranking