Spirit Airlines Announces Offering of Convertible Senior Notes Due 2026
News provided by
Share this article
Share this article
MIRAMAR, Fla., April 27, 2021 /PRNewswire/ Spirit Airlines, Inc. (NYSE: SAVE) ( Spirit ) today announced that it has commenced an underwritten public offering of $440,000,000 aggregate principal amount of convertible senior notes due 2026 (the Convertible Notes and such offering, the Convertible Notes Offering ). Spirit intends to grant the underwriters of the Convertible Notes Offering a 30-day option to purchase up to $60,000,000 aggregate principal amount of additional Convertible Notes, solely to cover over-allotments, in the Convertible Notes Offering.
Spirit is also separately conducting a registered direct offering of shares of its common stock (the Common Stock Offering ) to certain holders of its outstanding 4.75% Convertible Senior Notes due 2025 (the 2025 Convertible Notes ).
Message :
Required fields
Accelerates Company’s luxury business across its leading fragrance portfolio, complemented by growing contributions from skincare and prestige cosmetics led by Gucci and Burberry
Repositions and rejuvenates globally-renowned beauty brands, including CoverGirl, Rimmel and Max Factor, with plans already demonstrating positive results
Unveils major new campaign for CoverGirl Simply Ageless – the number one anti-aging foundation in the U.S.
Reaffirms Company is on track to reach near term revenue, adjusted EBITDA and deleveraging targets
Coty Inc. (NYSE: COTY), one of the world’s leading beauty companies and the global leader in fragrance, today unveiled its long-term strategy, underpinned by six priorities for sustainable growth. These initiatives build on the actions taken by Coty over the past year that have accelerated its shift to sustainable and profitable growth, with greater cost controls and a more competitive market position.
ClearPoint Neuro Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
(1) The provision for income taxes may be impacted by excess tax benefits primarily resulting from vesting and exercises of equity awards. Our estimated provision for income taxes does not include the impact, if any, of unknown future exercises of employee equity awards, which could have a material impact given that a significant portion of our awards are in-the-money.
(2) Our guidance includes certain estimated changes in the fair value of the contingent consideration based on the passage of time, updated financial projections and changes in market factors used to derive the estimate. Separately, the intercompany loan associated with the Whistler Blackcomb transaction requires foreign currency remeasurement to Canadian dollars, the functional currency of Whistler Blackcomb. Our guidance excludes any forward looking change related to foreign currency gains or losses on the intercompany loans, which such change may be material.
CrossFirst Bankshares, Inc Reports First Quarter 2021 Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.