FTAI Aviation 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Stock

Coupon is fixed until 6/15/2026 at 8.25% after which it will reset at the 5 year treasury rate plus a spread of 7.378%. There after the coupon will reset every 5 years.

This is a K-1 issuing security

On 4/26/2022 the company transferred to the NASDAQ from the NYSE and all tickers of preferred shares changed

FTAI Aviation was spun off from Fortress Transportation Infrastructure effective 11/10/2022

Issue is no longer a K-1 issuer.

Ticker: FTAIN

Parent Ticker: FTAI

OTC Grey Market Temporary Ticker: FTIIP

Issuance Date: 03/18/2021

1st Call Date: 06/15/2026

Maturity Date: None

Shares Issued: 4,000,000

Overallotment Shares: 600,000

Coupon: 8.25%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.516

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR

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