| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 3 | Sep-25 | Sr. Secured | Ba2 | BB+ | - | Fixed | Tsy | - | 97.50-98.50 | 405 | 8.00% | - | 98.50000 |
Tranche Comments
3 yr: First Pay: 2023-01-20; Redemption: 2023-09-30; Registration: 144A Only; Comments: USD600m (upsized from USD500m) snr sec 144A for life. Ba2/BB+. Barc(B&D)/MS/Citi, price talk 97 1/2 & 98 1/2, final 8.00% cpn 9/20/25 at 98.50, yld 8.599% yld, Spread T+405bp. Reset Date: 2023-09-30. Call scedule: 2023-09-30 @ 104.0%, 2024-09-30 @ 100.0%;
Deal Comments
USD600m tap of 8.00% due 9/20/25
Guarantor(s)
Spirit Airlines Inc, Spirit Finance Cayman 1 Ltd, Spirit Finance Cayman 2 Ltd
Use of Proceeds
Repay debt
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| HPH | 289.000 | 4 | Dec-11 | Ka. Kqvgaqp | Bl3 | - | KK+ | Opymj | Glk | - | 8.25-8.50% | 797 | 8% | - | 61.23900 |
Tranche Comments
5 mh: First Pay: 2021-01-20; Redemption: 2023-09-20; Registration: 144Z/Jvt U; Comments: DK$850x(ivuddis dnox DK$600x) 8.00% rvc 5-cian(9/20/25) YF3 aj 98.976, cvs 8.25%. Kvniasm C+797av. Yridjc Fvauaarnm iv jo 40% vndon jo Kivjixain 20, 2023. LKF C+50av Kivjixain 20, 2023. Favv Krtisivim adjin Kivjixain 20, 2023 aij oc on vndon jo Kivjixain 20, 2024, 50% od jti Ncjiniuj Daji aj uirt jdxi xivjdvvdis ac jti vndcrdvav axoicj od Yojiu aidcs nisiixish acs adjin Kivjixain 20, 2024, dino.;
Guarantor(s)
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Use of Proceeds
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