debt
confidence high
sentiment negative
materiality 0.75
Spirit Aviation: 96.05% of PIK Toggle Notes tendered in DIP roll-up, $818M accepted
Spirit Aviation Holdings, Inc.
- Total principal tendered: $818,362,453 out of $852,039,973 outstanding (96.05%).
- Early settlement of $771,104,677 occurred on Oct 29; final settlement of $47,257,776 on Nov 14.
- After cancellation, $33,677,520 in Prepetition Notes will remain outstanding.
- Company remains in Chapter 11 (Case No. 25-11897); stock trades on OTC Pink under FLYYQ.