secwatch.observer — SEC 8-K summary
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Issuer:     Spirit Aviation Holdings, Inc. (FLYYQ)
CIK:        0001498710
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001498710-23-000196
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Spirit Airlines extends revolver maturity to Sept 2025, raises liquidity covenant to $450M
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- Third Amendment to Credit and Guaranty Agreement entered into on November 10, 2023.
- Maturity of revolving credit facility extended to September 30, 2025.
- Minimum liquidity covenant increased to $450 million.
- If JetBlue merger is consummated, each lender can require repayment of outstanding loans.
- Other material terms unchanged and described in prior 8-K filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498710/000149871023000196/0001498710-23-000196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498710/000149871023000196/save-20231114.htm
  HTML page:      https://secwatch.observer/filing/0001498710-23-000196

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer