Troubled Spirit Airlines has obtained some financial leeway, borrowing $300 million and obtaining another extended deadline for refinancing a large chunk of its debt, the company has disclosed. The Dania Beach-based discount airline, which is still the predominant carrier at Fort Lauderdale-Hollywood International Airport in terms of passengers carried, said in a filing with the Securities and Exchange Commission on Friday that its credit card processor advanced a 2025 note extension deadline to Dec.
Similar Stories to Spirit Airlines Borrows $300 Million, Gets Extended Deadline In Debt Refinance Talks on Bing News
David Lyons, South Florida Sun-Sentinel
Mon, 10/21/2024 - 5:33am
Topics: troubled spirit airlines the dania beach-based hollywood international airport exchange commission dec chapter savanthi syth as spirit airlines mike stocker/south sun sentinel earlier wall street journal spirit s jetblue airways previously ted christie ceo other pratt whitney airbus storms syth helene august wi-fi birmingham ala charlotte n.c orleans spirit spirit a spirit the dania beach fort lauderdale in spirit raymond james september florida milton million debt talks extended deadline filing service borrowing friday note turned report notes senior month reported financial disclosed refinancing company credit terms cost address extension management billion cash analyst structure number federal bankruptcy due
BING NEWS:
- Spirit Airlines has more time to refinance its loans as it borrows more money
Spirit Airlines has been given a two-month extension to refinance about $1 billion of its debt, which was due on Monday. The largest Florida-based airline has been renegotiating $1 billion of its ...
10/21/2024 - 7:04 am | View Link - Spirit Airlines Stock Soars 60% After Extending Deadline To Refinance Debt
Spirit Airlines’ stock swelled by 60% on Monday, on track for the low-cost airline’s best day since going public, after the carrier announced an extension to refinance its debt while temporarily ...
10/21/2024 - 6:31 am | View Link - Spirit Airlines Shares Are Trading Higher After The Company Extended Its Debt Refinancing...
Spirit Airlines announced that on October 11, it modified its card processing agreement to extend the deadline for its 2025 notes from October 21 to December 23 and the early maturity date from ...
10/21/2024 - 6:13 am | View Link - Spirit gets more time to refinance debt from loyalty program
The budget airline obtained a deadline extension from its credit card processor for the refinancing of $1.1 billion in loyalty program-backed debt that comes due next year.
10/21/2024 - 5:55 am | View Link - Spirit Airlines shares jump 46% on extension to debt refinancing deadline
Shares of Spirit Airlines surged as much as 46% on Monday after the ultra low-cost carrier reached a deal with its credit card processor to extend a debt refinancing deadline by two months until Dec.
10/21/2024 - 3:08 am | View Link - More
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