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Allegiant Travel repays $120 million in senior secured notes ahead of schedule

Published 21/10/2025, 18:12
Allegiant Travel repays $120 million in senior secured notes ahead of schedule
ALGT
2.65%

Allegiant Travel Company (NASDAQ:ALGT) announced it has repaid $120 million of its senior secured notes due August 2027. The repayment was completed on October 15 under a call feature exercised on September 15. Following this transaction and a $25.26 million note repurchase in August, the remaining principal balance on the company’s 2027 senior secured notes is $404.74 million.

According to a statement released in a SEC filing, Allegiant Travel has prepaid a total of approximately $301.34 million in debt principal, including both the senior secured notes and other bilateral debt obligations. Of this amount, $181.34 million was prepaid in the third quarter of 2025, and $120 million has been prepaid in the fourth quarter to date. The figures do not include regularly scheduled principal amortization.

Allegiant Travel, based in Las Vegas, operates in the scheduled air transportation sector. The company’s common stock is listed on the NASDAQ Stock Market under the symbol ALGT.

All information in this article is based on a press release statement included in the company’s recent SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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