Ftai Infrastructure Announces Agreement To Acquire The Wheeling & Lake Erie Railway Company
ReutersAug 6, 2025 12:44 PM
Aug 6 (Reuters) - Ftai Infrastructure Inc FIP.O:
FTAI INFRASTRUCTURE INC. ANNOUNCES AGREEMENT TO ACQUIRE THE WHEELING & LAKE ERIE RAILWAY COMPANY
FTAI INFRASTRUCTURE INC - TO BUY WHEELING CORPORATION FOR $1.05 BILLION
FTAI INFRASTRUCTURE INC - TO REFINANCE 10.50% SENIOR NOTES AND SERIES A PREFERRED STOCK
FTAI INFRASTRUCTURE INC - RECEIVES $2.25 BILLION CAPITAL COMMITMENTS
FTAI INFRASTRUCTURE INC - COMPANY EXPECTS CONTROL OF W&LE UPON STB APPROVAL
FTAI INFRASTRUCTURE: EXPECT COMBINED FREIGHT RAIL SEGMENT TO GENERATE ABOUT $200 MILLION ANNUAL ADJUSTED EBITDA BY END OF 2026
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