secwatch.observer — SEC 8-K summary
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Issuer:     Allegiant Travel CO (ALGT)
CIK:        0001362468
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001362468-23-000052
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegiant Travel enters $412M aircraft credit facility, amends Boeing MAX order, plans to retire 21 A320s
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- Credit facility of up to $412.1M to refinance 7 A320s and finance 4 Boeing MAX 737-8200; $196M advanced as of Sept 29, 2023.
- Amended Boeing purchase agreement: more MAX-8200, fewer MAX-7; first delivery late 2023, initial 50 through late 2025; option for up to 80 additional MAX aircraft.
- Expects to retire 21 A320 CEO aircraft through 2025; depreciation will be accelerated.
- Issued notice to repay in November 2023 all amounts due under $150M senior secured notes due Feb 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362468/000136246823000052/0001362468-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362468/000136246823000052/algt-20230927.htm
  HTML page:      https://secwatch.observer/filing/0001362468-23-000052

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