Transportation IPOs » By The Online Investor Staff, updated Fri., May. 24, 8:02 AMRecent initial public offerings in the Transportation IPOs category.
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Slide #1. Fortress Transportation and Infrastructure Investors LLC — Initial Public Offering
Company:
Fortress Transportation and Infrastructure Investors LLC
Proposed Symbol:
FTAI
IPO Date:
5/15/2015
Shares Offered:
20,000,000
Price Per Share:
$17.00
Over-Allotment:
3,000,000
Description:
Fortress Transportation and Infrastructure Investors LLC ("FTAI" or the "Company") today announced the successful pricing of the initial public offering of 20,000,000 common shares, representing limited liability company interests, at a public offering price of $17.00 per share. In addition, the underwriters have a 30-day option to purchase up to 3,000,000 additional common shares. The shares are scheduled to begin trading on the New York Stock Exchange ("NYSE") on May 15, 2015 under the ticker symbol "FTAI". The offering is expected to close on or about May 20, 2015, subject to customary closing conditions.
