Originally Posted by
ALPO Whisperer
Oaktree still has a small stake in Spirit Airlines. They just offered 9.4 million common shares to the public. They still hold roughly 3.6 million restricted shares (not included in the float).
Great find ALPO. It looks like Oaktree had 22.5M shares and sold 9.5M for a change of 42%. They now have a stake of 13M shares in spirit. Either they have additional restrictions (like they can't sell more for another 6 months, for example), or they are just taking some profit. They still have a decent investment in Spirit. There are some interesting companies invested in us!