US''s Allegiant earns $335mn in share issue
Allegiant Air (G4, Las Vegas McCarran) parent Allegiant Travel has entered into an underwriting agreement with Barclays Capital and Morgan Stanley relating to the offer, issuance, and sale by the company of 1,552,500 shares of its common stock, it revealed in a stock exchange filing. The travel and hospitality company issued the shares on May 10 and reaped proceeds amounting to around USD335.1 million, after deducting underwriter discounts and before deducting fees and estimated expenses.
US''s Allegiant earns $335mn in share issue
Allegiant Air (G4, Las Vegas McCarran) parent Allegiant Travel has entered into an underwriting agreement with Barclays Capital and Morgan Stanley relating to the offer, issuance, and sale by the company of 1,552,500 shares of its common stock, it revealed in a stock exchange filing. The travel and hospitality company issued the shares on May 10 and reaped proceeds amounting to around USD335.1 million, after deducting underwriter discounts and before deducting fees and estimated expenses.