Allegiant Travel Co. Secures $158.6 Million in New Financing Through Aircraft-Backed Loans

Reuters
09 Jul
Allegiant Travel Co. Secures $158.6 Million in New Financing Through Aircraft-Backed Loans

Allegiant Travel Co. has recently secured a significant financial boost through its wholly owned subsidiaries, borrowing $158.6 million under previously reported credit facilities. These facilities are secured by Boeing 737-MAX aircraft and feature floating interest rates with quarterly payments over a 12-year term. This additional financing will aid in managing scheduled aircraft deliveries, prepaying other outstanding debts during the third quarter of 2025, and supporting other general corporate purposes. Notably, approximately $151 million in loan commitments remain available under these aircraft loan facilities, providing further financial flexibility for the company.

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: 0001362468-25-000036), on July 08, 2025, and is solely responsible for the information contained therein.

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