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Allegiant closes spare engine financing

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Jun 25, 2019 0 mins read
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Allegiant closes spare engine financing

Allegiant Travel has closed a new $43.4 million spare engines financing. Credit Agricole-CIB acted as arranger. The company said in a filing that the borrowing bears interest at a variable rate and will be payable in quarterly instalments with a final balloon payment due in September 2026. The proce...

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