Gogo Inc. (NASDAQ: GOGO) is offering USD500 million aggregate principal amount of senior secured notes due 2022 to be issued by its direct wholly owned subsidiary, Gogo Intermediate Holdings LLC and its indirect wholly owned subsidiary, Gogo Finance Co. Inc., the company said.
The Notes will be guaranteed on a senior secured basis by Gogo Inc. and all of the existing and future domestic restricted subsidiaries of the Issuer. The notes and the related guarantees will be secured by first priority liens on substantially all of the issuers´ and the guarantors´ assets.
Gogo is a provider of in-flight connectivity and wireless entertainment solutions for the global aviation industry. The company currently provide services on approximately 9,600 aircraft.