Allegiant Travel files $125 mln mixed shelf offer

Fri Aug 29, 2008 6:04pm EDT
 
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WASHINGTON, Aug 29 (Reuters) - Allegiant Travel said on Friday it may sell up to $125 million in debt securities, common stock, preferred stock and depositary shares, warrants and stock purchase contracts and units.

Allegiant, which owns low-price Allegiant Airlines, said it planned to use proceeds from the stock sale to purchase aircraft, for other capital expenditures, acquisitions and other purposes.

Under a shelf registration filed with the U.S. Securities and Exchange Commission, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Diane Bartz, editing by Richard Chang)

 
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