Spirit Airlines, Inc. entered into a senior secured revolving credit facility with the lenders party thereto, Citibank, N.A. acting as the administrative agent, and Wilmington Trust, National Association, acting as the collateral agent.
On November 18, 2022, the commitment amount under the Revolving Credit Agreement was increased to $300.0 million. Additionally, the Credit Agreement was amended on such date to implement SOFR as a successor interest rate to LIBOR and to update certain related provisions for market changes. As of the date hereof, there are no amounts outstanding under the Revolving Credit Facility.