Allegiant Travel gets USD 377.53 million early tenders for 7.25% secured notes due 2027 cash buyback

Allegiant Travel Company

Allegiant Travel Company

ALGT

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  • Allegiant Travel launched a cash tender offer for any and all USD 403.01 million 7.250% Senior Secured Notes due 2027.
  • Early tenders reached USD 377.53 million by June 23, with consents from 93.68% of outstanding principal.
  • Early tender price set at USD 1,005 per USD 1,000 principal, excluding accrued interest; late tenders get USD 955.
  • Initial settlement expected June 24, subject to conditions including completion of one or more debt financings.
  • Proposed indenture changes would strip most covenants and cut redemption notice to three business days, pending purchase of a majority.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-026605), on June 29, 2026, and is solely responsible for the information contained therein.

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