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Spirit AeroSystems Amends Credit Agreement with Morgan Stanley

Story Highlights
  • Spirit AeroSystems extended its $350 million credit agreement maturity to September 30, 2025.
  • The amendment aligns with merger plans with Boeing, affecting Spirit’s financial operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spirit AeroSystems Amends Credit Agreement with Morgan Stanley

Elevate Your Investing Strategy:

Spirit AeroSystems ( (SPR) ) has issued an announcement.

On June 25, 2025, Spirit AeroSystems amended its $350 million Delayed-Draw Bridge Credit Agreement with Morgan Stanley Senior Funding, Inc., extending the maturity date to September 30, 2025, with potential further extension contingent on merger agreement terms with Boeing. The amendment also adjusts interest payment schedules from monthly to quarterly, reflecting strategic financial management in anticipation of the merger with Boeing, which could impact Spirit’s financial operations and stakeholder interests.

The most recent analyst rating on (SPR) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Spirit AeroSystems stock, see the SPR Stock Forecast page.

Spark’s Take on SPR Stock

According to Spark, TipRanks’ AI Analyst, SPR is a Underperform.

Spirit AeroSystems is currently in a precarious financial position characterized by negative profitability and high leverage. Despite modest positive technical trends, the valuation remains unattractive due to significant financial distress. However, recent corporate developments, including the Boeing merger and Airbus agreements, provide some optimism for future stability and growth. These factors result in a low stock score, reflecting caution for potential investors.

To see Spark’s full report on SPR stock, click here.

More about Spirit AeroSystems

Average Trading Volume: 1,425,623

Technical Sentiment Signal: Buy

Current Market Cap: $4.53B

See more data about SPR stock on TipRanks’ Stock Analysis page.

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