Spirit Airlines Says Remain In Active Discussions With Advisors To Noteholders To Address Upcoming Debt Maturities
Portfolio Pulse from Benzinga Newsdesk
Spirit Airlines is in active discussions with advisors to noteholders to address upcoming debt maturities. The company expects to end 2024 with over $1.0 billion in liquidity, assuming successful closure of current liquidity initiatives.
August 01, 2024 | 9:57 am
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Spirit Airlines is in discussions with advisors to address upcoming debt maturities and expects to end 2024 with over $1.0 billion in liquidity, assuming successful closure of current liquidity initiatives.
The active discussions to address debt maturities and the expectation of ending 2024 with significant liquidity are positive signals for Spirit Airlines. This indicates proactive financial management and potential stability, which could positively impact investor sentiment in the short term.
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