NasdaqGS:FTAIAerospace & Defense
Why FTAI Aviation (FTAI) Is Up 14.8% After Redeeming Costly Preferreds And Securitizing Engines
Recently, FTAI Aviation moved to redeem all of its high-yield 8.25% Series C preferred shares, completed a large US$612 million asset-backed securitization, and advanced its plan to convert jet engine cores into power sources for AI data centers.
An unusual angle for investors is how the Iran peace deal may extend the service life of FTAI’s leased engines while also supporting economics for its emerging AI power turbine business.
We’ll now explore how redeeming these high-cost preferred...