Allegiant Travel Company Announces The Pricing of $300 Million of Senior Notes Due 2019

Published on : Saturday, June 21, 2014

Allegiant-planeAllegiant Travel Company  today announced the pricing of its offering of $300 million aggregate principal amount of unsecured notes due 2019. Interest on the notes is payable semiannually on January 15 and July 15, beginning on January 15, 2015; the notes will mature on July 15, 2019.


The notes will be issued at 100% of par value, with a coupon of 5.50%. The offering was made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on June 13, 2014.

The company intends to use the net proceeds for the aircraft transactions that it announced on June 13, 2014 and expects to use any remaining proceeds to fund other aircraft acquisitions and for general corporate purposes. Goldman, Sachs & Co. is acting as the sole book-running manager for the offering of the notes. The offering is expected to close on June 25, 2014, subject to customary closing conditions. The Company intends to file a final prospectus supplement with the SEC for the note offering to which this communication relates. When available, the final prospectus supplement may be obtained for free by visiting the SEC’s website at or by contacting Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282.

This press release is for informational purposes only and is not an offer to buy or sell or the solicitation of an offer to buy or sell with respect to any securities. Any offering will be made only by means of a preliminary prospectus supplement and the accompanying prospectus. The offering is not being made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction or is otherwise prohibited.


Allegiant, Travel is our deal.®

Las Vegas-based Allegiant Travel Company  is focused on linking travelers in small cities to world-class leisure destinations. The company operates a low-cost, high-efficiency, all-jet passenger airline through its subsidiary, Allegiant Air, while also offering other travel-related products such as hotel rooms, rental cars, and attraction tickets. All can be purchased through the company website, The company has been named one of America’s 100 Best Small Companies by Forbes Magazine for five consecutive years. In 2014, AVIATION WEEK ranked Allegiant the Top-Performing Airline in North America for the third consecutive year.

Source:- Allegiant Airlines


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