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Spirit Aerosystems Holdings Inc - SPR STOCK NEWS

Welcome to our dedicated news page for Spirit Aerosystems Holdings (Ticker: SPR), a resource for investors and traders seeking the latest updates and insights on Spirit Aerosystems Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Spirit Aerosystems Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Spirit Aerosystems Holdings's position in the market.

News
Spirit AeroSystems Announces Pricing of 3.250% Exchangeable Senior Notes Due 2028
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced the pricing of $200 million aggregate principal amount of its 3.250% Exchangeable Senior Notes due 2028 in a private offering, with an option for an additional $30 million aggregate principal amount. The sale is expected to result in $194.5 million in net proceeds to Spirit and the notes will be exchangeable at an initial exchange rate of 34.3053 shares of the company's common stock per $1,000 principal amount.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
none
-
News
Spirit AeroSystems Announces Pricing of Offering of 9,090,909 Shares of Class A Common Stock
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced the pricing of its underwritten public offering of 9,090,909 shares of its Class A common stock at $22.00 per share, expecting to raise approximately $200 million. The offering, expected to close on November 13, 2023, aims to use the net proceeds for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
none
-
News
Spirit AeroSystems Announces Private Offering of $1.2 Billion of Senior Secured Second Lien Notes Due 2030
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced a private offering of $1.2 billion Senior Secured Second Lien Notes due 2030 by its subsidiary Spirit AeroSystems, Inc. The net proceeds will be used for a tender offer of $1.2 billion outstanding principal amount of its 7.500% Senior Secured Second Lien Notes due 2025 and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.34%
Tags
offering
News
Spirit AeroSystems Commences Cash Tender Offer for Any and All of Its Outstanding 7.500% Senior Secured Second Lien Notes Due 2025
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] has announced the commencement of a Tender Offer by its subsidiary, Spirit AeroSystems, Inc., to purchase for cash any and all of the $1.2 billion outstanding principal amount of its 7.500% Senior Secured Second Lien Notes due 2025. The Tender Offer will expire on November 15, 2023, and is not conditioned on the tender of any minimum principal amount of 2025 Second Lien Notes. The company intends to fund the purchase of the notes with the net proceeds from new debt financing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.34%
Tags
none
-
News
Spirit AeroSystems Announces Proposed Private Offering of Exchangeable Senior Notes
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) announced a private offering of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2028, with an option for additional $30 million, to be used for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.34%
Tags
offering
-
News
Spirit AeroSystems Announces Proposed Public Offering of Class A Common Stock
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] Commences $200 Million Public Offering of Class A Common Stock and $200 Million Exchangeable Senior Notes, with 30-Day Option for Additional $30 Million, Led by Morgan Stanley, Goldman Sachs & J.P. Morgan. Offering Intended for General Corporate Purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.34%
Tags
offering
News
Infosys and Spirit AeroSystems inaugurate Center for Aerospace Engineering Excellence in Richardson, Texas
Rhea-AI Summary
Infosys and Spirit AeroSystems have inaugurated a dedicated center for aerospace engineering excellence in Richardson, Texas. The center will enable Infosys to work closely with Spirit AeroSystems to develop cross-functional solutions for aircraft development challenges. It will also facilitate training and upskilling of talent in digital engineering technologies to help Spirit AeroSystems meet growing business demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
-
News
Spirit AeroSystems Reports Third Quarter 2023 Results
Rhea-AI Summary
Spirit AeroSystems Holdings, Inc. reported third quarter 2023 revenues of $1.4 billion, with a net loss of $204 million. The company appointed Pat Shanahan as interim President and CEO and executed a memorandum of agreement with Boeing. Spirit's backlog at the end of Q3 2023 was approximately $42.2 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.88%
Tags
earnings
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News
Spirit AeroSystems, Boeing Reach Agreement to Support Production Stability
Rhea-AI Summary
Spirit AeroSystems announces Memorandum of Agreement with Boeing to enhance production and quality
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.09%
Tags
none
News
Spirit AeroSystems Announces Leadership Transition
Rhea-AI Summary
Patrick M. Shanahan appointed interim President and CEO of Spirit AeroSystems, replacing Thomas C. Gentile III. Gentile resigns from the Board. Shanahan brings extensive aerospace experience. Company to release Q3 2023 financial results on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
Tags
management
Stock SPR logo
Spirit Aerosystems Holdings Inc

NYSE:SPR

SPR Rankings

#1372 Ranked by Market Cap
#2555 Ranked by Stock Gains
N/A Ranked by Dividends

SPR Stock Data

3.98B
108.64M
0.82%
98.35%
8.8%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States
Wichita

About SPR

spirit aerosystems, with headquarters in wichita, kan., usa, is one of the world's largest non-oem designers and manufacturers of aerostructures for commercial aircraft. in addition to its wichita facilities, spirit has locations in tulsa and mcalester, okla.; kinston, n.c.; prestwick, scotland; preston, england; subang, malaysia; and saint-nazaire, france. in the u.s., spirit's core products include fuselages, pylons, nacelles and wing components. additionally, spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in north america, europe and asia. spirit europe produces wing components for a host of customers, including airbus.