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Prospect News home > News index > List of issuers A > Headlines for Allegiant Travel Co. > News item
Published on 10/2/2020 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody’s rates Allegiant notes Ba3

Moody’s Investors Service said it assigned a Ba3 rating to the $150 million of new, privately-placed senior secured notes due 2024 of Allegiant Travel Co.

Proceeds will be used to improve liquidity.

Moody’s also affirmed Allegiant’s Ba3 ratings and upgraded the speculative grade liquidity rating to SGL-2 from SGL-3.

The outlook is negative.


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