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SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
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VIA EDGAR TRANSMISSION
Division of Corporation Finance U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Attn: Mr. Tony Watson |
ONE MANHATTAN WEST
NEW YORK, NY 10001 TEL: (212) 735-3000 FAX: (212) 735-2000 www.skadden.com July 1, 2022 |
FIRM/AFFILIATE
OFFICES
BOSTON CHICAGO HOUSTON NEW YORK PALO ALTO WASHINGTON, D.C. WILMINGTON BEIJING BRUSSELS FRANKFURT HONG KONG LONDON MOSCOW MUNICH PARIS SÃO PAULO SEOUL SHANGHAI SINGAPORE TOKYO TORONTO |
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Re:
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FTAI Infrastructure LLC
Amendment No. 1. To Registration Statement on Form 10
Submitted May 24, 2022 (CIK No. 0001899883)
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1.
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We note your response to prior comment 4. Please tell us and consider disclosing how you arrived at the $10 per share price for your common stock in Noted 2(d)
on page 66. Also, please tell us if you performed any valuations of the spin-off in relation to the $300 million preferred equity and how that relates to the $10 per share value used for your common stock.
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Sincerely,
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/s/ Michael J. Schwartz
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Michael J. Schwartz
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Skadden, Arps, Slate, Meagher & Flom LLP
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