Cahill Represents Underwriters in Registered Offering of Common Shares for Fortress Transportation and Infrastructure Investors LLC
Cahill represented the underwriters in connection with a public offering of 12,000,000 common shares, representing limited liability company interests of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI). The sale of shares in the offering resulted in gross proceeds of approximately $306,000,000. The proceeds from the offering were used to repay a portion of the amounts outstanding under the Fortress Transportation and Infrastructure Investor LLC's senior unsecured bridge facility. FTAI owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally.