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FTAI's Registered Common Stock Offering

Cravath represented Fortress Transportation & Infrastructure Investors LLC (“FTAI”) in connection with its $131 million registered common stock offering. FTAI, which is externally managed by an affiliate of Fortress Investment Group LLC, owns and acquires high quality infrastructure and related equipment that is essential for the transportation of goods and people globally. The shares were listed on the New York Stock Exchange. The transaction closed on January 16, 2018.

The Cravath team included partner Johnny G. Skumpija and associates William F. Roegge, Sarah R. Jacobson and Eliza S. Marshall on securities matters; associates Peter W. Rogers and Andrew L. Mandelbaum on tax matters; and associates Michelle M. Garrett and Aaron J. Feuer on executive compensation and benefits matters. Jeffrey M. Amico also worked on securities matters.