Americas

Spirit Airlines raises new funds through liability management

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Spirit Airlines raises new funds through liability management

Spirit Airlines received $371.3 million from an issuance of 10,594,073 shares of its common stock to holders of its 4.75% convertible senior notes due 2025.  Spirit used $368.7 million of the net proceeds from the common stock offering to redeem $340.0 million of its $850.0 million 8.00% senior se...

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