Brief: Gogo Announces $100 Million Debt Prepayment

Gogo

01/05/2023 13:46

May 1 (Reuters) - Gogo Inc  GOGO.O :
    * GOGO ANNOUNCES $100 MILLION DEBT PREPAYMENT
    * GOGO INC: AS A RESULT OF THIS TRANSACTION, GOGO WILL
REDUCE ITS
TERM LOAN B OUTSTANDING PRINCIPAL TO $612.3 MILLION
    * GOGO INC: AS OF APRIL 28, 2023, HAS APPROXIMATELY $188
MILLION
IN CASH-ON-HAND AND UNDRAWN REVOLVER OF $100 MILLION

Source text for Eikon:  ID:nPn2Mk251a 
Further company coverage:  GOGO.O 

 ((Reuters.Brief@thomsonreuters.com;))