Allegiant Travel Co: creates direct financial obligations of $249,300,000

What happened

• The company reported that on Oct 13, 2026, through a wholly owned subsidiary, it borrowed the entire $177,500,000 available under a previously reported credit facility secured by certain aircraft in the company’s fleet. The loans under that facility bear interest at a fixed rate and provide for quarterly amortizing payments beginning in Jul 2027 over a term of five to six years depending on aircraft grouping.
• The filing also reports that prior to the end of third quarter 2026, the company, through a wholly owned subsidiary, borrowed $71,800,000 under a previously reported $231,000,000 credit facility to fund part of pre-delivery payments due to The Boeing Company for certain Boeing 737-MAX aircraft. Those loans carry floating interest rates based on SOFR plus a margin and are secured by a collateral assignment of the purchase contract; they are payable on or before delivery of the associated aircraft but no later than Mar 31, 2028. After that drawdown, $159,300,000 of the facility remains undrawn.
• The filing says proceeds from any drawdowns will be used to support upcoming aircraft deliveries and for general corporate purposes.

Key details

• $177,500,000 drawn on Oct 13, 2026 under a secured aircraft credit facility; fixed interest; quarterly amortization starting Jul 2027; term of five to six years by aircraft grouping.
• $71,800,000 drawn prior to the end of third quarter 2026 under a $231,000,000 facility for Boeing 737-MAX pre-delivery payments; floating interest based on SOFR plus a margin; loans payable by delivery or no later than Mar 31, 2028.
• $159,300,000 remains undrawn under the $231,000,000 facility.

Why it may matter

• The filing reports Item 2.03, creation of a direct financial obligation, which covers the company’s borrowings under the described credit facilities secured by aircraft and the basic repayment and interest terms. The filing does not show why the company acted.