Spirit Airlines (NK, Fort Lauderdale International) has signed an amendment to its card processing agreement with the US Bank National Association that prolongs its 2025 notes extension deadline from October 21 to December 23, 2024. In an October 18 regulatory filing, the low-cost carrier said it had also fully drawn down its USD300 million revolving credit facility due to mature on September 30, 2026.
The two-month extension gives Spirit extra time to refinance USD1.1 billion in loyalty bonds and wards off the…
Source: ch aviation
Read more: US's Spirit Airlines inks short-term debt extension deadline