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Spirit Aviation Holdings Inc ( (FLYYQ) ) has shared an announcement.
On October 31, 2025, Spirit Airlines, LLC, a subsidiary of Spirit Aviation Holdings Inc, received approval from the Bankruptcy Court for a Superpriority Priming Debtor-in-Possession Credit Agreement as part of its Chapter 11 proceedings. This agreement allows the company to access up to $475 million in term loans to support its restructuring efforts, with specific amounts available on set future dates. The approval includes amendments affecting the exchange of Prepetition Notes for Roll-Up Loans, impacting the company’s financial restructuring strategy. The maturity date for the DIP Facility is set for July 14, 2026.
More about Spirit Aviation Holdings Inc
Average Trading Volume: 705,554
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.58M
Find detailed analytics on FLYYQ stock on TipRanks’ Stock Analysis page.