• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Spirit Aerosystems Holdings Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

    7/1/25 4:06:40 PM ET
    $SPR
    Military/Government/Technical
    Industrials
    Get the next $SPR alert in real time by email
    false 0001364885 0001364885 2025-06-25 2025-06-25 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

      

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, DC 20549

     

     

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the
    Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): June 25, 2025

     

    Spirit AeroSystems Holdings, Inc.

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-33160   20-2436320
    (State or other jurisdiction
    of incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    3801 South Oliver, Wichita, KS 67210

    (Address of principal executive offices) (Zip Code)

     

    (Registrant’s telephone number, including area code): (316) 526-9000

     

    N/A

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class:   Trading symbol(s)   Name of exchange on which registered
    Class A Common Stock, par value $0.01 per share   SPR   New York Stock Exchange

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

     

    Item 1.01Entry into a Material Definitive Agreement.

     

    Amendment of Bridge Credit Agreement

     

    On June 25, 2025, Spirit entered into an amendment and restatement of its $350.0 million Delayed-Draw Bridge Credit Agreement, dated as of June 30, 2024 (as amended and in effect prior to June 25, 2025, the “Prior Bridge Credit Agreement,” and as so amended and restated, the “A&R Bridge Credit Agreement”), with Morgan Stanley Senior Funding, Inc. (“MSSF”), as lender, as administrative agent and as collateral agent.

     

    The amendment and restatement amended the Prior Bridge Credit Agreement to, among other things, (a) extend the maturity of the A&R Bridge Credit Agreement from June 30, 2025 to September 30, 2025, subject to (x) automatic extension for one additional three-month period if the Initial Outside Date (as defined in the Merger Agreement referred to below) is extended in accordance with the terms of the Agreement and Plan of Merger, dated June 30, 2024 (the “Merger Agreement”), among Spirit Holdings, The Boeing Company and Sphere Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Boeing (“Merger Sub”) and (y) acceleration on the date of consummation of the merger of Merger Sub with and into Spirit in accordance with the terms of the Merger Agreement, and (b) adjust payment dates for interest on the outstanding principal amount of the loans under the A&R Bridge Credit Agreement from monthly to quarterly.

     

    The foregoing description of the A&R Bridge Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the copy of the A&R Bridge Credit Agreement filed as Exhibit 10.1 to this report and incorporated herein by reference.

     

    The copy of the A&R Bridge Credit Agreement filed as an exhibit to this report has been included as an exhibit to provide investors with information regarding the terms of the A&R Bridge Credit Agreement. It is not intended to provide any other factual information about Spirit Holdings or any of its subsidiaries or affiliates. The representations, warranties and covenants of Spirit contained in the A&R Bridge Credit Agreement have been and will be made only for purposes of the A&R Bridge Credit Agreement as of specified dates and solely for the benefit of the other parties to the A&R Bridge Credit Agreement; may be subject to qualifications and limitations agreed upon by such parties, including being qualified by confidential disclosures; were negotiated with the principal purpose of allocating risk between the parties, rather than establishing matters as facts; and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to investors or reports and other documents filed with the U.S. Securities and Exchange Commission (the “SEC”). Investors should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations of the actual state of facts or condition of Spirit Holdings or any of its subsidiaries or affiliates. Information concerning the subject matter of representations, warranties and covenants may change after the date of the A&R Bridge Credit Agreement, which subsequent information may or may not be fully reflected in Spirit Holdings’s public disclosures. The A&R Bridge Credit Agreement should not be read alone, but should instead be read in conjunction with the other information regarding Spirit Holdings and its subsidiaries and affiliates in the reports and other documents that Spirit Holdings has filed or will file with the SEC.

     

    Certain of the agents and/or lenders under the A&R Bridge Credit Agreement and their affiliates have provided commercial banking, financial advisory and investment banking services to Spirit Holdings and its affiliates in the past (including in connection with the transactions contemplated by the Merger Agreement) and may do so in the future. An affiliate of MSSF is serving as financial advisor to the Company in connection with the transactions contemplated by the Merger Agreement and the transactions contemplated by the Purchase Agreement.

     

     

     

     

    Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

     

    The information in Item 1.01 required by this Item 2.03 is incorporated by reference herein.

     

    Item 9.01Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    Exhibit
    No.

     

    Description

    10.1   Amended and Restated Delayed-Draw Bridge Credit Agreement, dated as of June 25, 2025, among Spirit AeroSystems, Inc., as borrower, the lenders party thereto from time to time, and Morgan Stanley Senior Funding, Inc., as administrative agent and as collateral agent.
         
    104   Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

      

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: July 1, 2025 SPIRIT AEROSYSTEMS HOLDINGS, INC.
         
      By: /s/ Irene M. Esteves
        Irene M. Esteves
        Executive Vice President and Chief Financial Officer

     

     

    Get the next $SPR alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $SPR

    DatePrice TargetRatingAnalyst
    6/20/2024Buy → Hold
    The Benchmark Company
    2/8/2024$27.00 → $35.00Market Perform → Outperform
    TD Cowen
    1/17/2024$39.00Buy
    Citigroup
    1/17/2024Sector Weight
    KeyBanc Capital Markets
    12/20/2023$22.00 → $35.00Underweight → Equal-Weight
    Morgan Stanley
    12/1/2023$28.00Hold
    Stifel
    11/30/2023$30.00 → $36.00Neutral → Outperform
    Robert W. Baird
    11/9/2023$34.00Peer Perform → Outperform
    Wolfe Research
    More analyst ratings

    $SPR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Spirit Aerosystems downgraded by The Benchmark Company

      The Benchmark Company downgraded Spirit Aerosystems from Buy to Hold

      6/20/24 7:39:08 AM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Spirit Aerosystems upgraded by TD Cowen with a new price target

      TD Cowen upgraded Spirit Aerosystems from Market Perform to Outperform and set a new price target of $35.00 from $27.00 previously

      2/8/24 6:37:25 AM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Citigroup initiated coverage on Spirit Aerosystems with a new price target

      Citigroup initiated coverage of Spirit Aerosystems with a rating of Buy and set a new price target of $39.00

      1/17/24 7:46:11 AM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Spirit AeroSystems Reports First Quarter 2025 Results

      WICHITA, Kan., May 1, 2025 /PRNewswire/ -- First Quarter 2025 Revenues of $1.5 billionEPS of $(5.21); Adjusted EPS* of $(4.25)Cash used in operations of $420 million; Free cash flow* usage of $474 millionSpirit AeroSystems Holdings, Inc. (NYSE:SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported first quarter 2025 financial results. Revenue Spirit's revenue in the first quarter of 2025 decreased from the same period of 2024, primarily due to lower production activity on most Boeing programs, particularly the Boeing 737 program. For the Boeing 737 program, production

      5/1/25 4:20:00 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Spirit AeroSystems Signs Divestiture Agreement with Airbus

      WICHITA, Kan., April 28, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE:SPR) announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close concurrently with Spirit's previously announced acquisition by The Boeing Company.  Both transactions are subject to regulatory approvals, among other closing conditions, and are expected to close in the third quarter of 2025.  At the closing of thi

      4/27/25 11:59:00 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • John Plueger to Depart Spirit AeroSystems Board After a Decade of Service

      WICHITA, Kan., April 23, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE:SPR) today announced that John L. Plueger, Chief Executive Officer of Air Lease Corporation, will depart the Spirit AeroSystems Board of Directors after 10 years of service as a board member. Plueger will not be standing for re-election, and his departure will be effective, at Spirit's annual meeting of stockholders to be held on May 23, 2025. Plueger's departure comes as he focuses on expanded responsibilities at Air Lease Corporation following the retirement of its executive chairman Steven

      4/23/25 7:00:00 AM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    Financials

    Live finance-specific insights

    See more
    • Spirit AeroSystems Reports First Quarter 2025 Results

      WICHITA, Kan., May 1, 2025 /PRNewswire/ -- First Quarter 2025 Revenues of $1.5 billionEPS of $(5.21); Adjusted EPS* of $(4.25)Cash used in operations of $420 million; Free cash flow* usage of $474 millionSpirit AeroSystems Holdings, Inc. (NYSE:SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported first quarter 2025 financial results. Revenue Spirit's revenue in the first quarter of 2025 decreased from the same period of 2024, primarily due to lower production activity on most Boeing programs, particularly the Boeing 737 program. For the Boeing 737 program, production

      5/1/25 4:20:00 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Spirit AeroSystems Reports Fourth Quarter 2024 Results

      WICHITA, Kan., Feb. 28, 2025 /PRNewswire/ --  Fourth Quarter 2024 Revenues of $1.7 billionEPS of $(5.38); Adjusted EPS* of $(4.22)Cash provided by operations of $137 million; Free cash flow* of $91 millionSpirit AeroSystems Holdings, Inc. (NYSE:SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported fourth quarter and full-year 2024 financial results. "As we advance toward the anticipated close of the acquisition by Boeing in mid-2025, we continue to make meaningful progress on several key fronts," said Pat Shanahan, President and Chief Executive Officer, Spirit AeroSy

      2/28/25 4:20:00 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Spirit AeroSystems Reports Third Quarter 2024 Results

      WICHITA, Kan., Oct. 23, 2024 /PRNewswire/ -- Third Quarter 2024 Revenues of $1.5 billionEPS of $(4.07); Adjusted EPS* of $(3.03)Cash used in operations of $276 million; Free cash flow* usage of $323 millionSpirit AeroSystems Holdings, Inc. (NYSE:SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported third quarter 2024 financial results. "We remain on track to close the acquisition by Boeing in mid-2025, while also continuing to focus on safety, compliance and quality," said Pat Shanahan, President and Chief Executive Officer, Spirit AeroSystems. "Our process improvem

      10/23/24 7:26:00 PM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Spirit Aerosystems Holdings Inc.

      SC 13G/A - Spirit AeroSystems Holdings, Inc. (0001364885) (Subject)

      11/14/24 5:12:55 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • SEC Form SC 13G filed by Spirit Aerosystems Holdings Inc.

      SC 13G - Spirit AeroSystems Holdings, Inc. (0001364885) (Subject)

      11/14/24 4:05:10 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Spirit Aerosystems Holdings Inc.

      SC 13G/A - Spirit AeroSystems Holdings, Inc. (0001364885) (Subject)

      11/14/24 1:22:34 PM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    SEC Filings

    See more
    • Spirit Aerosystems Holdings Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

      8-K - Spirit AeroSystems Holdings, Inc. (0001364885) (Filer)

      7/1/25 4:06:40 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • SEC Form SD filed by Spirit Aerosystems Holdings Inc.

      SD - Spirit AeroSystems Holdings, Inc. (0001364885) (Filer)

      5/29/25 11:09:42 AM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Spirit Aerosystems Holdings Inc. filed SEC Form 8-K: Other Events

      8-K - Spirit AeroSystems Holdings, Inc. (0001364885) (Filer)

      5/12/25 4:11:08 PM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Fitzgerald William Augustus Iii

      4 - Spirit AeroSystems Holdings, Inc. (0001364885) (Issuer)

      5/30/25 5:17:48 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Director Cambone Stephen Anthony was granted 7,009 shares, increasing direct ownership by 29% to 30,921 units (SEC Form 4)

      4 - Spirit AeroSystems Holdings, Inc. (0001364885) (Issuer)

      5/30/25 3:13:04 PM ET
      $SPR
      Military/Government/Technical
      Industrials
    • Director Chappell Jane was granted 7,009 units of Class A Common Stock, increasing direct ownership by 134% to 12,226 units (SEC Form 4)

      4 - Spirit AeroSystems Holdings, Inc. (0001364885) (Issuer)

      5/30/25 3:11:40 PM ET
      $SPR
      Military/Government/Technical
      Industrials

    $SPR
    Leadership Updates

    Live Leadership Updates

    See more
    • Allegion Appoints Stacy Cozad as New General Counsel

      Allegion plc (NYSE:ALLE), a leading global security products and solutions provider, has appointed Stacy Cozad as senior vice president, general counsel and corporate secretary, effective Aug. 5, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701071652/en/Stacy Cozad (Photo: Business Wire) In this role, Cozad will have responsibility for Allegion's global legal affairs, trade compliance, enterprise risk management and corporate communications functions. She will succeed Jeff Braun, who has announced plans to retire on Dec. 31, 2024, and will serve as an advisor during the transition. Cozad has nearly 30 years of exper

      7/1/24 8:00:00 AM ET
      $ALLE
      $NGVT
      $SPR
      Diversified Commercial Services
      Consumer Discretionary
      Major Chemicals
      Industrials
    • Spirit AeroSystems Announces Acquisition by Boeing in $8.3 Billion Transaction

      Enters into Term Sheet for Airbus to Assume Ownership of Certain Airbus Program Assets WICHITA, Kan., July 1, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE:SPR) ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company (NYSE:BA) ("Boeing") will acquire Spirit for $37.25 per share in Boeing common stock (subject to the collar described below). At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approximately $8.3 billion including Spirit's last reported net debt. The price of $37.25 per share represents a 30% premium to Spirit's closing stock price of $28.60 on February 29, 2024, the da

      7/1/24 12:05:00 AM ET
      $BA
      $SPR
      Aerospace
      Industrials
      Military/Government/Technical
    • Boeing to Acquire Spirit AeroSystems

      - Demonstrates commitment to aviation safety, improves quality for Boeing Commercial Airplanes- Leverages Boeing enterprise engineering and manufacturing capabilities - Maintains continuity for key U.S. defense and national security programs- Supports supply chain stability and critical manufacturing workforce- Provides long-term value for commercial and defense customers, employees and shareholders ARLINGTON, Va., July 1, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced it has entered into a definitive agreement to acquire Spirit AeroSystems (NYSE:SPR). The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction va

      7/1/24 12:01:00 AM ET
      $BA
      $SPR
      Aerospace
      Industrials
      Military/Government/Technical