Spirit Airlines, Inc. (NYSE:SAVE) announced that on October 11, it modified its card processing agreement to extend the deadline for its 2025 notes from October 21 to December 23 and the early maturity date from December 31 to March 3. The budget airline was in the process of renegotiating an agreement with the U.S. National Bank Association concerning the processing of payments made to it through Visa or MasterCard credit cards, per an exchange filing (dated October 18). The Wall Street Journal had earlier reported that Spirit was in discussions with bondholders regarding the conditions of a …
