Allegiant Travel amends PDP loan facility with Runway Seven Lender, boosting commitment to $231.03 million

Reuters2026/07/30 21:19

By:Reuters

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Allegiant Travel amended its PDP Facility Agreement with Runway Seven Lender, an entity managed by Carlyle Aviation Management, on July 27, 2026.
The full-recourse facility provides USD 231.03 million of available commitment to fund Boeing pre-delivery payments tied to aircraft under a 2021 purchase agreement.
All loans mature March 31, 2028. Mandatory repayment is due on or before delivery of the related aircraft.
Pricing is based on one-month Term SOFR. The facility is currently undrawn.
Collateral includes a first-priority assignment of the Boeing purchase agreement rights for the financed aircraft. Allegiant guarantees the obligations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allegiant Travel Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001362468-26-000042), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Allegiant Travel amends PDP loan facility with Runway Seven Lender, boosting commitment to $231.03 million

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