Allegiant has entered into a $144 million credit facility on June 10, 2025.
The company shared in a stock filing on June 20, 2025, that the facility will be secured by 737 MAX aircraft expected to delivered to the company.
The facility will bear interest based on SOFR plus a margin and will provide for amortizing payments over a term of 12 years. The proceeds from any drawdowns will be used for the purchase of the related aircraft, to repay other debt and for general corporate purposes. The facility is undrawn as of the stock filing date.