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ALGT > SEC Filings for ALGT > Form 8-K on 30-May-2014All Recent SEC Filings

Show all filings for ALLEGIANT TRAVEL CO

Form 8-K for ALLEGIANT TRAVEL CO


30-May-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 May 28, 2014, Allegiant Travel Company (the "Company"), through a wholly owned subsidiary, closed on a loan agreement under which it borrowed $40.0 million secured by its six Boeing 757 aircraft. The note bears interest at a floating rate based on LIBOR and will be payable in monthly installments through May 2018 at which time, a balloon payment is due. A portion of the proceeds were used to prepay the remaining $4.0 million balance of a secured note originally due in June 2016.


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