Key Developments: Allegiant Travel Co (ALGT.O)

ALGT.O on Nasdaq

124.93USD
21 Aug 2014
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$-2.47 (-1.94%)
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Latest Key Developments (Source: Significant Developments)

Allegiant Travel Co completes offering of $300 million principal amount of 5.50 pct senior notes due 2019 - Form 8-K
Wednesday, 25 Jun 2014 01:01pm EDT 

Allegiant Travel Co:On June 25, company completed offering of $300 million principal amount of 5.50 pct senior notes due 2019.Notes bear interest at a rate of 5.50 pct per year.Payable in cash semi-annually, on Jan. 15 and July 15 of each year, commencing on Jan. 15, 2015, and will mature on July 15, 2019.  Full Article

Allegiant Travel Co announces pricing of $300 million of senior notes due 2019
Friday, 20 Jun 2014 12:28pm EDT 

Allegiant Travel Co:Prices offering of $300 mln aggregate principal amount of unsecured notes due 2019.Interest on notes is payable semiannually on Jan. 15 and July 15, beginning on Jan. 15, 2015 and will mature on July 15, 2019.Notes will be issued at 100 pct of par value, with a coupon of 5.50 pct.Offering was made pursuant to effective shelf registration statement filed with Securities and Exchange Commission on June 13, 2014.Company intends to use net proceeds for the aircraft transactions that it announced on June 13, 2014 and expects to use any remaining proceeds to fund other aircraft acquisitions and for general corporate purposes.Goldman, Sachs & Co. is acting as the sole book-running manager for the offering of the notes.Offering is expected to close on June 25, 2014, subject to customary closing condition.  Full Article

Allegiant Travel Co announces public offering of $300 mln of senior notes
Monday, 16 Jun 2014 06:30am EDT 

Allegiant Travel Co:Proposed offering of $300 mln aggregate principal amount of a new series of unsecured notes due 2019 in underwritten public offering.Coupon rate, maturity and other terms of the senior unsecured notes will be determined at pricing.Intends to use net proceeds for aircraft transactions that it announced on June 13 and expects to use any remaining proceeds to fund other aircraft acquisitions and for general corporate purposes.Goldman, Sachs & Co. is acting as sole book-running manager for the offering of the notes.  Full Article

Allegiant Travel Co Announces Special Dividend Of $2.25 Per Share
Thursday, 14 Nov 2013 04:39pm EST 

Allegiant Travel Company announced that it has declared a special cash dividend of $2.25 per share on its outstanding shares of Common Stock. This dividend will be payable on January 3, 2014 to stockholders of record at the close of business on December 13, 2013.  Full Article

Allegiant Travel Co Announces Cessation of Cebu Pacific A319 Transaction
Friday, 28 Dec 2012 09:00am EST 

Allegiant Travel Co announced its proposed transaction to acquire ten Airbus A319 aircraft from Cebu Pacific Air has been terminated as a result of the parties' failure to satisfy certain conditions to proceeding with the transaction. The potential transaction was made public on July 30, 2012 after the signing of the letter of intent.  Full Article

Allegiant Travel Co Announces Intention to Acquire Up to Nine A320 Aircraft
Wednesday, 19 Dec 2012 11:11pm EST 

Allegiant Travel Co announced its intention to purchase up to nine used A320 aircraft. The average age of these aircraft at delivery is expected to be 12 years with a configuration of 177 seats. The aircraft have been most recently operated by Iberia. Seven aircraft are expected to be purchased in 2013 and two in 2014.  Full Article

Allegiant Travel Co Announces Special Dividend
Tuesday, 13 Nov 2012 04:00pm EST 

Allegiant Travel Co announced that the board of directors of have declared a special dividend of $2 per share on its outstanding shares of Common Stock. This dividend will be payable on December 14, 2012 to stockholders of record at the close of business on November 30, 2012.  Full Article

Allegiant Travel Co Announces Formation of Allegiant Systems
Monday, 1 Oct 2012 08:00am EDT 

Allegiant Travel Co announced the formation of Allegiant Systems, a joint venture with AvIntel and Lixar IT.  Full Article

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Allegiant computer outage resolved; 26 flights affected

- Allegiant Travel Co, the parent of Allegiant Air, said on Friday that a computer outage that affected 26 flights and 4,000 passengers has been resolved, and its systems are back to normal.

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