Allegiant inks $100 million RCF with CA-CIB

Crédit Agricole CIB has closed a new $100 million three-year senior secured revolving credit facility (RCF) with Allegiant Travel Company, acting as sole arranger and bookrunner. The facility, which has a term of 36 months, will be used to replace the revolving credit facility with the same lender that expired in March 2023. Following the release of Allegiant’s inaugural ESG report in December 2022, the new senior secured RCF will align with the company’s ongoing ESG initiatives. For the first time, the transaction will include a requirement for Allegiant to gradually secure a portion of the borrowing base exclusively with