|Allegiant Travel Company Announces the Public Offering of $300 Million of Senior Notes|
The notes being offered will be general unsecured senior obligations of the Company, guaranteed by all of the Company's wholly owned domestic subsidiaries, and will rank equal in right of payment with all existing or future senior unsecured indebtedness of the Company and each guarantor.
The Company intends to use the net proceeds for general corporate purposes including financing of capital expenditures such as aircraft acquisitions, pre-delivery deposits, purchase prices of twelve newly manufactured CFM powered A320 aircraft expected to be delivered in 2017 and 2018, share repurchases or repayment of indebtedness.
This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy 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 offer, solicitation or sale thereof would be unlawful prior to registration or qualification under the blue sky or other laws of such jurisdiction.
Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.
For further information please visit the Company's investor website: http://ir.allegiantair.com
Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.