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Spirit Airlines in the market with a $421 million EETC

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Spirit Airlines in the market with a $421 million EETC

Spirit Airlines has launched three tranches of $420.5 million enhanced equipment trust certificates (EETC) SAVE 2017-1. The $247.1 million AA class of notes, which amortised over 12.2 years, have an initial loan to value (LTV) of 41.1% and an initial average life of 8.6 years, are rated AA by S&...

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