Jul 19, 2024

Initiation or research on SAVE Spirit airlines

Does anyone have access to an initiation piece or some dealer research on SAVE Spirit? I’m looking to get up to speed on the name overall and dive more into the credit dynamics and recovery for both bonds.

3 Comments
 

Based on the most helpful WSO content, here's what you need to know about Spirit Airlines ($SAVE):

  • Recent Developments: Spirit Airlines has been in a prolonged downward spiral for about eight years. However, JetBlue recently made a $3.6 billion all-cash offer to acquire Spirit Airlines. This unsolicited offer has significantly impacted the budget airline's market position.

For more detailed research and credit dynamics, you might want to explore resources like ThomsonOne, CapIQ, or Factiva, as they often provide embargoed credit research on distressed names. Additionally, checking with your university library for access to these services could be beneficial.

If you need further insights, consider looking into fixed income research or reorg research, which can be particularly valuable for understanding market perspectives on distressed credits. The Wall Street Journal's bankruptcy beat might also offer some useful information, though it may not delve deeply into credit analysis.

I'm sorry, but it looks like this may be out of my ability to answer... maybe some of the links below might help?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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