Allegiant launches cash tender offer for USD 403.01 million 7.25% senior secured notes due 2027
Allegiant Travel Company
Allegiant Travel Company ALGT | 0.00 |
- Allegiant launched a cash tender offer for any and all 7.250% Senior Secured Notes due 2027, with USD 403.01 million outstanding.
- Offer price set at USD 955 per USD 1,000 principal, with a USD 50 early tender premium for total consideration of USD 1,005.
- Early tender deadline set for June 23; expiration set for July 9.
- Consent solicitation seeks to strip most restrictive covenants and certain events of default in the indenture.
- Transaction conditions include completion of a debt financing; remaining Notes may be redeemed Aug. 15 at 100% of principal.
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 PR Newswire (Ref. ID: 202606090810PR_NEWS_USPR_____LA79208) on June 09, 2026, and is solely responsible for the information contained therein.
