{"schema_version":"secwatch.filing_event.v1","accession":"0001498710-22-000366","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.868775+00:00","generated_at":"2026-06-21T14:58:03.324450+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Spirit Airlines ups revolving credit facility to $300M, adopts SOFR","bullets":["Commitment amount under revolving credit facility increased to $300M on Nov 18, 2022.","Credit agreement amended to replace LIBOR with SOFR as benchmark rate.","No amounts outstanding under the facility as of filing date.","Other material terms unchanged from prior 8-K filed March 30, 2020."],"urls":{"canonical":"https://secwatch.observer/filing/0001498710-22-000366","json":"https://secwatch.observer/filing/0001498710-22-000366.json","markdown":"https://secwatch.observer/filing/0001498710-22-000366.md","text":"https://secwatch.observer/filing/0001498710-22-000366.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000149871022000366/0001498710-22-000366-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000149871022000366/save-20221118.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T14:58:03.324450+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7e885270f018095a24da612b23b155f47af2bd25","claim":"Spirit Aviation Holdings, Inc. amended revolving credit of increased to $300.0 million with Citibank, N.A. (administrative agent) and Wilmington Trust, National Association (collateral agent) at implement SOFR as a successor interest rate to LIBOR.","evidence_excerpt":"On November 18, 2022, the commitment amount under the Revolving Credit Agreement was increased to $300.0 million. Additionally, the Credit Agreement was amended on such date to implement SOFR as a successor interest rate to LIBOR and to update certain related provisions for market changes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1498710/000149871022000366/0001498710-22-000366-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increased to $300.0 million"},{"label":"Counterparty","value":"Citibank, N.A. (administrative agent) and Wilmington Trust, National Association (collateral agent)"},{"label":"Rate","value":"implement SOFR as a successor interest rate to LIBOR"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"c86b88175c4defeb5c05543e1a3b4f31e7c6f078","claim":"Spirit Aviation Holdings, Inc. amended Credit Agreement with the lenders party thereto, Citibank, N.A., and Wilmington Trust, National Association valued at $300.0 million (effective 2022-11-18).","evidence_excerpt":"On November 18, 2022, the commitment amount under the Revolving Credit Agreement was increased to $300.0 million. Additionally, the Credit Agreement was amended on such date to implement SOFR as a successor interest rate to LIBOR and to update certain related provisions for market changes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1498710/000149871022000366/0001498710-22-000366-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the lenders party thereto, Citibank, N.A., and Wilmington Trust, National Association"},{"label":"Value","value":"$300.0 million"},{"label":"Effective","value":"2022-11-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}