Spirit Airlines Files 8-K

TL;DR

Spirit Airlines just filed an 8-K, check it for updates.

AI Summary

Spirit Airlines, Inc. filed an 8-K on November 26, 2024, reporting an event that occurred on November 25, 2024. The filing is a Regulation FD Disclosure and includes Financial Statements and Exhibits. No specific financial details or material events were detailed in the provided text excerpt.

Why It Matters

This filing indicates Spirit Airlines is making a regulatory disclosure and providing financial statements, which could contain important updates for investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing header and does not contain specific financial or operational details that would indicate a high risk.

Key Players & Entities

• Spirit Airlines, Inc. (company) — Registrant
• 0000950103-24-016809 (filing_id) — Accession Number
• November 26, 2024 (date) — Filing Date
• November 25, 2024 (date) — Earliest Event Date

FAQ

Key Financial Figures

• $0.0001 — ) on which registered Common Stock, $0.0001 par value SAVE (1) New York Stock E
• $0 — ) to delist the common stock, par value $0.0001, of Spirit (the "Common Stock") fr

Filing Documents

• dp221210_8k.htm (8-K) — 33KB
• 0000950103-24-016809.txt ( ) — 203KB
• save-20241125.xsd (EX-101.SCH) — 3KB
• save-20241125_lab.xml (EX-101.LAB) — 33KB
• save-20241125_pre.xml (EX-101.PRE) — 22KB
• dp221210_8k_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. As previously announced, on November 19, 2024, Spirit began soliciting consents (the "Consent Solicitation") with respect to its 8.00% Senior Secured Notes due 2025 (the "2025 Notes") to seek consents to remove certain bankruptcy remote provisions from the contracts governing the 2025 Notes (the "Proposed Amendments"), including the (i) the Indenture dated as of September 17, 2020, among Spirit IP Cayman Ltd., and Spirit Loyalty Cayman Ltd., as co-issuers (the "Co-Issuers"), Spirit, Spirit Finance Cayman 1 Ltd. ("HoldCo 1") and Spirit Finance Cayman 2 Ltd. ("HoldCo2" and, together with HoldCo 1, the "Cayman Guarantors" and together with Spirit, the "Guarantors"), and Wilmington Trust, National Association as trustee (the "Trustee") and collateral custodian, as amended by a first supplemental indenture dated as of November 17, 2022, (ii) the Collateral Agency and Accounts Agreement dated as of September 17, 2020 among the Co-Issuers, the Guarantors, and Wilmington as depositary (the "Depositary"), collateral agent (the "Collateral Agent") and the Trustee and each other senior secured debt representative from time to time party thereto and (iii) the Security Agreement dated as of September 17, 2020 among the Co-Issuers, the Cayman Guarantors, as grantors thereto, and the Collateral Agent. The Consent Solicitation expired at 5:00 p.m., New York City time, on November 25, 2024 (the "Expiration Date"). As of the Expiration Date, Spirit had received valid consents from holders of 94.56% of the outstanding aggregate principal amount of the 2025 Notes, which was sufficient to approve the Proposed Amendments. As a result of receiving the requisite consents to the Proposed Amendments, on November 25, 2024, Spirit entered into (i) the Second Supplemental Indenture among the Co-Issuers, the Guarantors and the Trustee, (ii) the Amendment No. 1 to Collateral Agency and Accounts Agreement (the "Collateral Agreement Amendment") among the Co-Is

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 26, 2024 SPIRIT AIRLINES, INC. By: /s/ Thomas Canfield Name: Thomas Canfield Title: Senior Vice President and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR