Allegiant Travel files $150 million shelf for array of securities

By Devika Patel

Knoxville, Tenn., April 21 - Allegiant Travel Co. filed a $150 million shelf registration in an S-3 filing with the Securities and Exchange Commission. The $150 million includes $125 million that was registered in August but not sold.

The registration covers senior debt securities, subordinated debt securities, common stock, preferred stock, depositary shares, warrants, stock purchase contracts, stock purchase units and units.

The securities may be structured as convertibles.

Proceeds will be used to purchase additional aircraft, for other capital expenditures, for acquisitions, for stock repurchases under existing board authorized programs or under share repurchase programs that may be approved in the future and to fund working capital and general corporate purposes.

Allegiant Travel is a Las Vegas-based leisure travel company.

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