Cravath represented Fortress Transportation and Infrastructure Investors LLC (“FTAI”) in connection with its $100 million 144A/Reg. S high‑yield senior notes offering. Proceeds of the offering will be used for general corporate purposes, including the funding of future investments. FTAI, which is externally managed by an affiliate of Fortress Investment Group LLC, owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. The transaction closed on May 31, 2018.

The Cravath team included partner Johnny G. Skumpija and associates William F. Roegge, Jeremy S. Lerner and Michael A. Naclerio on securities matters and associate Andrew L. Mandelbaum on tax matters.