Allegiant Travel Company has announced a new credit facility agreement through a wholly owned subsidiary, enabling the company to borrow up to $144 million. This facility is secured by Boeing 737 MAX aircraft expected to be delivered to Allegiant. The loan will have a term of 12 years, with interest based on SOFR plus a margin. The funds from this credit facility will be directed towards purchasing the related aircraft, repaying other debts, and supporting general corporate purposes. As of now, the facility remains undrawn.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allegiant Travel Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001362468-25-000031), on June 16, 2025, and is solely responsible for the information contained therein.