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Gogo Announces Record Fourth Quarter and 2021 Financial Results, Provides 2022 Guidance and Updates Long-Term Targets

/PRNewswire/ Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world s largest provider of broadband connectivity services for the business aviation. ....

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Morgan Stanley, Credit Suisse, Others Arrange Refinance Facility for Gogo - News

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Morgan Stanley, Credit Suisse, Others Arrange Refinance Facility for Gogo
April 22, 2021, 08:00 AM
Gogo announced the pricing and allocation of a 7-year $725 million term loan B (the Term Loan B ) and a 5-year $100 million revolving credit facility (the Revolver and together with the Term Loan B, the Facilities ), marking an important milestone in its comprehensive refinancing efforts. Gogo expects that the Term Loan B will bear interest at LIBOR (with a LIBOR floor of 0.75%) plus 3.75% and be offered at 99.5% of par (or with an original issue discount of 0.5%). Morgan Stanley, Credit Suisse, Deutsche Bank, Benefit Street Partners and CBAM Partners acted as Joint Lead arrangers. Morgan Stanley is also administrative agent on the term loan. ....

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Gogo Marks Key Milestone in Comprehensive Refinancing with Pricing and Allocation of New Term Loan B and Revolver

Gogo Marks Key Milestone in Comprehensive Refinancing with Pricing and Allocation of New Term Loan B and Revolver
Transaction Will Facilitate Reduced Leverage, Enhance Liquidity and Financial Flexibility and Deliver Approximately $70 Million in Annual Interest Expense Savings
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CHICAGO, April 21, 2021 /PRNewswire/ Gogo Inc. (NASDAQ: GOGO) ( Gogo ) today announced the pricing and allocation of a 7-year $725 million term loan B (the Term Loan B ) and a 5-year $100 million revolving credit facility (the Revolver and together with the Term Loan B, the Facilities ), marking an important milestone in its comprehensive refinancing efforts. Gogo expects that the Term Loan B will bear interest at LIBOR (with a LIBOR floor of 0.75%) plus 3.75% and be offered at 99.5% of par (or with an original issue discount of 0.5%). ....

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Gogo's In-Flight Business Begins to Bounce Back from a Brutal Year

Gogo's In-Flight Business Begins to Bounce Back from a Brutal Year
satellitetoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from satellitetoday.com Daily Mail and Mail on Sunday newspapers.

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Why Gogo Stock Took Off Then Crashed Today

Why Gogo Stock Took Off Then Crashed Today
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

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