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ALGT > SEC Filings for ALGT > Form 8-K on 17-Apr-2014All Recent SEC Filings

Show all filings for ALLEGIANT TRAVEL CO

Form 8-K for ALLEGIANT TRAVEL CO


17-Apr-2014

Creation of a Direct Financial Obligation or an Obligation under an Off-Balan


Item 2.03 Creation of a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement of a Registrant.

On April 11, 2014, Allegiant Travel Company (the "Company"), through a wholly owned subsidiary, closed on a loan agreement under which it borrowed $45.3 million secured by 53 McDonnell Douglas MD-80 aircraft. The note bears interest at a floating rate based on LIBOR and will be payable in monthly installments through April 2018. The proceeds along with internally generated funds were used to repay the $121.3 million balance of the Company's Term Loan originally due March 2017.


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