secwatch.observer — SEC 8-K summary
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Issuer:     Allegiant Travel CO (ALGT)
CIK:        0001362468
Form:       8-K
Filed at:   2026-06-26T23:07:15+00:00
Accession:  0001140361-26-026605
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegiant issues $650M 7.125% senior secured notes due 2031, retires $377.5M of existing 2027 notes
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- Issued $650M in 7.125% senior secured notes maturing July 1, 2031; interest payable Jan 1 and July 1.
- Used $377.5M of proceeds to purchase existing 7.25% senior secured notes due 2027 via tender offer at $1,005 per $1,000.
- Approximately $25.5M of existing notes remain; Allegiant expects to redeem them in Q3 2026.
- Amended credit agreement to align covenants with new indenture; $150M revolver remains undrawn.
- Indenture requires minimum aggregate liquidity of $300M, with 2% additional interest if not met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362468/000114036126026605/0001140361-26-026605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362468/000114036126026605/ef20076906_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-026605

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