ALLEGIANT TRAVEL COMPANY PRICES UPSIZED $650 MILLION OFFERING OF SENIOR SECURED NOTES
Allegiant Travel Company priced a $650 million offering of 7.125% Senior Secured Notes due 2031 at 99.479% of par. The offering was upsized by $150 million from the initial $500 million target, indicating strong investor demand.
Key figures
- Deal Value Usd
- 650000000
- Maturity
- 2031
- Coupon rate
- 7.125%
- Upsize amount
- 150000000
- Offering price pct
- 99.479%
- Existing notes coupon
- 7.25%
- Original offering size
- 500000000
- Existing notes maturity
- 2027
- Existing notes refinanced
- 403000000
- Revolving credit facility
- 150000000
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.