BRIEF-Spirit Airlines Says Proceeds With Standalone Recapitalization Rejects Most Recent Proposal From Frontier

Reuters
12 Feb
BRIEF-<a href="https://laohu8.com/S/SAVE">Spirit Airlines</a> Says Proceeds With Standalone Recapitalization Rejects Most Recent Proposal From Frontier

Feb 11 (Reuters) - Spirit Airlines Inc SAVEQ.PK:

  • SPIRIT AIRLINES PROCEEDS WITH STANDALONE RECAPITALIZATION; REJECTS MOST RECENT PROPOSAL FROM FRONTIER

  • SPIRIT AIRLINES INC - FRONTIER PROPOSES $400 MILLION DEBT AND 19% EQUITY TO SPIRIT STAKEHOLDERS

  • SPIRIT AIRLINES INC - EXPECTS TO COMPLETE RESTRUCTURING IN Q1 2025

  • SPIRIT AIRLINES INC - NEW PROPOSAL WAIVES $35 MILLION TERMINATION FEE

  • SPIRIT AIRLINES INC - FRONTIER REJECTS SPIRIT COUNTERPROPOSAL

  • SPIRIT AIRLINES INC - COUNTERPROPOSAL OFFERS $600 MILLION DEBT AND $1.185 BILLION EQUITY

  • SPIRIT AIRLINES INC - TO CONTINUE RESTRUCTURING PROCESS

Source text: ID:nPn8WLfLva

Further company coverage: SAVEQ.PK

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

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