Opportunistic refinancing extends the maturity of most of existing debt with improved terms and reduces dilution to existing capital structure $225 million of convertible notes due in 2030 issued, including an exchange for the retirement […]
Tag: Restructuring & Recapitalization
Spirit Airlines Receives Court Confirmation of Reorganization Plan
Broad Support from Supermajority of Spirit’s Loyalty and Convertible Bondholders Expects to Emerge from Restructuring in the Coming Weeks Positioned for Success DANIA BEACH, Fla., Feb. 20, 2025 /PRNewswire/ — Spirit Airlines, Inc. (“Spirit” or […]
Accuride Announces Debt Restructuring Agreement
Accuride Corporation reaches agreement with its lenders to restructure its North American business Restructuring will enhance operational efficiency and significantly reduce the company’s funded debt To effectuate restructuring, Accuride Corporation and certain of its U.S. […]
