Spirit Airlines provided an update on its restructuring process regarding a new proposal (the "New Proposal") for an alternative restructuring plan submitted by Frontier Group Holdings, Inc., the parent company of Frontier Airlines, Inc.On Feb. 4...
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February 12, 2025, 07:56 AM
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Spirit Airlines entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring. The restructuring is expected to...
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November 18, 2024, 08:15 AM
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Bloomberg reported that Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a hurdle after months of talks with bondholders failed to result in a deal, according to people with knowledge of the matter.According...
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October 07, 2024, 07:51 AM
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