Gogo refinances debt
In-Flight business aviation communications specialists Gogo has refinanced its borrowings. The new borrowings (Term Loan B) will reduce its overall leverage, enhance the company’s liquidity and deliver about $70 million in annual interest payments. Gogo has taken a $725 million 7-year loan along with a 5-year $100 million revolving credit line. As of April 20th, […]


