Brief: Spirit Airlines Receives Court Confirmation Of Reorganization Plan

Spirit Airlines

20/02/2025 22:44

Feb 20 (Reuters) - Spirit Airlines Inc  SAVEQ.PK :
    * SPIRIT AIRLINES RECEIVES COURT CONFIRMATION OF
REORGANIZATION
PLAN
    * SPIRIT AIRLINES INC - EXPECTS TO EMERGE FROM CHAPTER 11 IN
COMING WEEKS
    * SPIRIT AIRLINES INC - TO EQUITIZE $795 MILLION DEBT,
RECEIVE
$350 MILLION NEW EQUITY
    * SPIRIT AIRLINES INC - TO ENTER NEW $300 MILLION REVOLVING
CREDIT
FACILITY
    * SPIRIT AIRLINES INC - VENDORS, AIRCRAFT LESSORS, SECURED
DEBT
HOLDERS NOT IMPAIRED

Source text:  ID:nPn7T1kmTa 
Further company coverage:  SAVEQ.PK 

 ((Reuters.Briefs@thomsonreuters.com;))