Airline

S&P upgrades Spirit to CCC+ after emergence from bankruptcy

  • Share this:
S&P upgrades Spirit to CCC+ after emergence from bankruptcy

Following the company's emergence from chapter 11 bankruptcy earlier in March, S&P Global has upgraded Spirit Airlines to CCC+ from D. Spirit's post-emergence capital structure includes a new $275 million revolver, a new $840 million exit senior secured notes, $136 million of existing US Treasu...

Page content restricted for non-members!

Become a member!