Company: SPR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037839
Chunk: 85

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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 contracts:Other (expense) income$— $(1.3)$0.9 $(0.1)

As of July 3, 2025, there were no outstanding foreign currency forward contracts. 

24

Table of ContentsSpirit AeroSystems Holdings, Inc. Notes to the Condensed Consolidated Financial Statements (unaudited)(U.S. Dollars in millions other than per share amounts)

15.  Debt

Total debt shown on the Condensed Consolidated Balance Sheets is comprised of the following: July 3, 2025December 31, 2024CurrentNoncurrentCurrentNoncurrentSenior secured term loan B$5.8 $562.8 $5.8 $564.3 Delayed-draw bridge loan347.8 — 347.9 — Exchangeable senior notes due 2028— 224.4 — 223.6 Senior notes due 2025— — 20.8 — Senior secured notes due 2026299.7 — — 299.5 Senior notes due 2028— 697.7 — 697.3 Senior secured first lien notes due 2029— 890.8 — 889.9 Senior secured second lien notes due 2030— 1,183.1 — 1,181.9 Present value of finance lease obligations32.0 44.8 40.6 62.1 Other5.2 49.8 9.4 51.1 Total$690.5 $3,653.4 $424.5 $3,969.7 

Credit Agreement On October 5, 2020, Spirit entered into a term loan credit agreement (the “Credit Agreement”) providing for a $400.0 senior secured term loan B credit facility with the lenders party thereto and Bank of America, N.A. (“BofA”), as administrative agent and collateral agent. On October 5, 2020, Spirit borrowed the full $400.0 of initial term loans available under the Credit Agreement. The Credit Agreement also permits Spirit to request one or more incremental term facilities in an aggregate principal amount not to exceed (x) in the case of any incremental facility that is secured on a pari passu basis with the Credit Agreement, the greater of (a) $950.0 and (b) such other amount, so long as