FTAI Aviation Announces Full Redemption of Outstanding 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares
Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) will fully redeem all 4,200,000 outstanding 8.25% Series C Cumulative Perpetual Redeemable Preferred Shares (ticker FTAIN) on June 15, 2026.
The redemption price is $25.00 per share in cash, plus accrued distributions, with June 15, 2026 distributions already declared and payable.
Positive
- Full redemption of 4,200,000 Series C preferred shares on June 15, 2026
- Redemption price of $25.00 per Series C share plus accrued distributions
- Previously declared June 15, 2026 distributions ensure no unpaid amounts at redemption
Negative
- Cash required to redeem 4.2 million preferred shares at $25 each
- Preferred shareholders in FTAIN lose ongoing 8.25% distribution stream after redemption
News Market Reaction – FTAI
In the May 15 session, FTAI declined 8.10%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 29 | Q1 2026 earnings | Positive | +17.2% | Strong Q1 2026 results and higher ordinary dividend to $0.45 per share. |
| Apr 29 | Credit facility upsizing | Positive | +17.2% | Revolving credit facility expanded to $2.025B with improved terms. |
| Apr 01 | Earnings call timing | Neutral | +2.0% | Announcement of Q1 2026 earnings release and conference call schedule. |
| Mar 06 | CFO transition | Negative | -4.8% | Finance leadership change with new CFO and Chief Accounting Officer. |
| Feb 25 | FY 2025 earnings | Positive | -0.6% | Strong Q4/FY 2025 results, dividend increase, and higher 2026 EBITDA guidance. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news often saw price moves that aligned with the tone of announcements, with one notable divergence on strong earnings and guidance.
Over the last few months, FTAI reported strong Q4 2025 and Q1 2026 results, raising its ordinary dividend first to $0.40 and then to $0.45 per share, alongside higher adjusted EBITDA guidance and robust Aerospace Products growth. The company also upsized its revolving credit facility to $2.025 billion and executed a CFO transition. Price reactions were strongly positive to the April earnings and credit facility news, modestly negative to the 2025 results, and more negative around the CFO change, highlighting sensitivity to both growth and leadership updates.
Key Terms
redemption price financial
notice of full redemption regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; “FTAI Aviation” or the “Company”) announced today that it will redeem all of the Company’s outstanding 4,200,000
A Notice of Full Redemption for the Series C Shares describing the Redemption procedures was sent to holders of the Series C Shares on May 15, 2026. Additional information related to the Redemption procedures, including copies of the Notice of Full Redemption, may be obtained from Equiniti Trust Company, LLC by calling 718-921-8124 or 1-800-937-5449.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
ABOUT FTAI AVIATION
FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com/.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the Redemption. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company’s control. The Company can give no assurance that its expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. Nothing on the Company’s website is included or incorporated by reference herein.
For further information, please contact:
Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
aandreini@ftaiaviation.com
Media:
Tim Lynch / Aaron Palash / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
