Allegiant Travel Company has announced the withdrawal of the proposed offering of $300 million aggregate principal amount of senior notes due 2023 as a result of adverse market conditions. The proposed offering was an opportunistic capital raise with no requirements or conditions. The company says it will continue to explore the raising of both secured and unsecured debt opportunistically when available on acceptable terms.
Related posts
Lion Air in historic commitment for up to 380 737s
18th November 2011