The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from GlobeNewswire (a Nasdaq OMX company)

Spirit Airlines Announces Sale of Common Stock by Oaktree

Tuesday, July 31, 2012

Spirit Airlines Announces Sale of Common Stock by Oaktree13:52 EDT Tuesday, July 31, 2012MIRAMAR, Fla., July 31, 2012 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) announced today the public offering of 9,394,927 shares of common stock by certain existing stockholders affiliated with Oaktree Capital Management, L.P. ("Oaktree"). Upon completion of the offering, investment funds affiliated with Oaktree will own no shares of common stock of Spirit Airlines. The company will not receive any proceeds from this offering. Deutche Bank Securities is acting as the sole underwriter for the offering. A shelf registration statement on Form S-3 together with an accompanying base prospectus relating to the offering was filed with the Securities and Exchange Commission (the "SEC") and became effective.  A final prospectus supplement describing the terms of the offering will be filed with the SEC and, when available, may be obtained from the SEC's website at www.sec.gov or from Deutsche Bank Securities, Attn.: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Telephone (800) 503-4611 or by e-mail at prospectus.CPDG@db.com.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The Spirit Airlines logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9737CONTACT: Investor Relations Contact: DeAnne Gabel Director, Investor Relations (954) 447-7920 InvestorRelations@spirit.com Media Contacts: Misty Pinson Director, Corporate Communications misty.pinson@spirit.com 954-628-4827/cell 954-918-9432 Manuel Jaquez Senior Manager Commercial - Latin America manuel.jaquez@spirit.com 954-628-4898