Allegiant Travel CO 8-K, filed Oct 2, 2020
Allegiant Travel CO (ALGT)
8-K
2020-10-02
For: 2020-09-29
View Original
Added on
April 07, 2026
About this 8-K
Allegiant Travel CO filed this 8-K on October 2, 2020, reporting on events of September 29, 2020.
Items reported
- Item 2.03: New debt or off-balance-sheet obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
_____________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 29, 2020
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
Registrant’s telephone number, including area code: (702 ) 851-7300
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as in Rule 405 of the Securities Act of 193 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 2 Financial Information
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Allegiant Travel Company (the “Company”), through its wholly-owned subsidiaries, on September 29, 2020, received proceeds of $84.0 million under loans secured by a discreet pool of CFM spare engines and A320 family aircraft. The loans will amortize over 72 months with minimal balloon payments due at maturity. Proceeds from the transaction were used to cover capital expenditures and to repay $11.7 million under the Company’s warehouse revolving credit facility.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Allegiant Travel Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: October 1, 2020 | ALLEGIANT TRAVEL COMPANY | |||||||||||||
| By: | /s/ Gregory C. Anderson | |||||||||||||
| Name: | Gregory C. Anderson | |||||||||||||
| Title: | Chief Financial Officer | |||||||||||||
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