Spirit Airlines Secures $300M Exit Financing and $300M DIP Facility Amid Chapter 11 Reorganization

Spirit Aviation Holdings, Inc.

Secured commitment from prepetition debtholders for up to $300M senior secured exit revolving credit facility.
Entered $300M superpriority secured debtor-in-possession term loan credit agreement on December 23, 2024.
Announced plans to publish flight schedule for May 22-August 12, 2025 on January 31, 2025.
Common stock delisted from NYSE, now trades on OTC Pink under symbol SAVEQ.
Chapter 11 cases filed November 18, 2024, jointly administered under case number 24-11988 (SHL).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.