debt
confidence high
sentiment neutral
materiality 0.65
Allegiant upsizes senior secured notes to $650M at 7.125%, due 2031
Allegiant Travel CO
- Offering increased by $150M from previously announced $500M; priced at 99.479% of par.
- Notes expected to close June 24, 2026; secured by substantially all non-aircraft assets.
- Proceeds to refinance full $403M 7.25% Senior Secured Notes due 2027 plus general corporate.
- Guarantees from most subsidiaries; Sun Country assets also serve as collateral.