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Stock impact report

Spirit Airlines Wins $475 Million Lifeline to Stay Airborne Amid Second Bankruptcy Battle [Yahoo! Finance]

AerCap Holdings N.V. Ordinary Shares (AER) 
Last aercap holdings n.v. ordinary shares earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.aercap.com/investor-overview
Company Research Source: Yahoo! Finance
it access to $475 million in fresh financing while pushing ahead with a major lease restructuring with AerCap Ireland Ltd. The combination could unlock more than $600 million in liquidity, a vital boost as Spirit navigates its second Chapter 11 in less than a year. Judge Sean Lane granted interim approval for the financing, allowing the carrier to immediately draw $200 million to stabilize operations while it seeks approval for the remainder. Warning! GuruFocus has detected 5 Warning Signs with CG. Is SAVEQ fairly valued? Test your thesis with our free DCF calculator. The funding comes from a familiar group of senior lenders Citadel, Cyrus Capital Partners, and Pacific Investment Management Co. who also backed Spirit during its earlier restructuring. According to court filings, the package includes a roll-up of about $856 million in senior notes, effectively pushing those debts to the front of the repayment line. Spirit's counsel, Marshall Huebner, said more agreements with othe Show less Read more
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