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MUFG Closes Senior Secured Revolving Credit Facility for Allegiant Travel Company

September 08, 2022, 08:00 AM
Filed Under: Specialty Industries

Mitsubishi UFJ Financial Group ( MUFG) closed a senior secured revolving credit facility for Allegiant Travel Company (“Allegiant”), where the bank acted as Arranger and Bookrunner.

The facility will provide Allegiant with the flexibility to include both aircraft and engines from their orderbook or from the existing fleet.

“We are very pleased with the outcome of this revolving credit facility,” says Robert Neal, Senior Vice President and Treasurer at Allegiant. “MUFG has been a great partner in helping us build out a facility that supports our orderbook, a key pillar of our overall strategy.”

“Allegiant is a very important client for our aviation franchise,” says Benoist de Vimal, Head of Aviation Originations in the Americas at MUFG. “We appreciate Allegiant’s collaboration and look forward to supporting the team with their needs.”

MUFG has also acted as Joint Bookrunner of Allegiant’s most recent Senior Secured Bond.

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