Las Vegas Sun

May 19, 2024

Allegiant Travel cancels note sale as liquidity vanishes

Allegiant Travel Co., the passenger airline that caters to leisure travelers in small cities, pulled its debt offering as Europe’s financial crisis discourages investors from buying corporate bonds.

Allegiant decided not to sell $250 million of senior unsecured notes due in 2017, the Las Vegas-based company said today in a statement distributed by PR Newswire.

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy