Sunday, April 14, 2013

Breaking Travel News | News: technology: Gogo closes $113m credit facility add-on

Breaking Travel News | News: technology
Gogo closes $113m credit facility add-on
Apr 15th 2013, 00:00

Gogo, the leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, announced today that it has closed a $113 million increase to its existing $135 million credit facility arranged by Morgan Stanley and J.P. Morgan in June of 2012.  Gogo intends to use the proceeds of the debt financing to fund its global expansion and for general operating purposes.

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