Allegiant Travel Company, founded in 1997 and headquartered in Las Vegas, Nevada, is a key player in the low-cost airline sector, providing affordable travel options primarily within the United States. The company specializes in scheduled air transportation, as well as providing travel-related services including hotel bookings and car rentals.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALGT 7.25% 2027-08-15 USDAllegiant Travel | United States | 2027-08-15 | 7.250 | 6.44 |
| ALGT 7.25% 2027-08-15 USDAllegiant Travel | United States | 2027-08-15 | 7.250 | 6.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Allegiant began issuing bonds in 2013 to support its growth and expansion strategy, with several significant issuances including a $250 million offering in 2018 that was aimed at refinancing existing debt. Currently, the company’s bonds yield competitively in comparison to the airline industry, reflecting its strong market positioning. Notably, Allegiant has introduced features such as call options on some of its bonds, offering flexibility in capital management, while recent upgrades to its fleet and operational strategies continue to strengthen investor confidence amid fluctuating market conditions.