Business
Gogo Inc. Announces Satisfaction of Financing Condition for Tender Offer for Outstanding 3.75% Convertible Senior Notes Due 2020
CHICAGO, April 25, 2019 /PRNewswire/ -- Gogo Inc. ("Gogo" or the "Company") (NASDAQ: GOGO) today announced that it has determined that the consummation today
About this update from Gogo Inc.
[{"type":"text","content":"CHICAGO, April 25, 2019 /PRNewswire/ -- Gogo Inc. (\"Gogo\" or the \"Company\") (NASDAQ: GOGO) today announced that it has determined that the consummation today of the offering and sale of $905 million aggregate principal amount of 9.875% senior secured notes due 2024 by Gogo Intermediate Holdings LLC (\"Holdings LLC\"), the Company's direct wholly owned subsidiary, and Gogo Finance Co. Inc., a direct wholly owned subsidiary of Holdings LLC and the Company's indirect wholly owned subsidiary, satisfies the financing condition to its previously announced cash tender offer (the \"Tender Offer\") for any and all of its outstanding 3.75% Convertible Senior Notes due 2020 (the \"Notes\"). \nThe complete terms and conditions of the Tender Offer are set forth in the Amended Offer to Purchase and related Amended Letter of Transmittal. Copies of the Amended Offer to Purchase and Amended Letter of Transmittal may be obtained from the Information Agent for the Tender Offer, D.F. King & Co., Inc., by calling (866) 796-1290 (toll-free), (212) 269-5550 (collect) or by email at [email protected].\nJ.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as the Dealer Managers for the Tender Offer. Questions regarding the Tender Offer may be directed to J.P. Morgan Securities LLC at (800) 261-5767 or Morgan Stanley & Co. LLC at (855) 483-0952.\nImportant Information Regarding the Tender Offer \nThis press release is for informational purposes only and is neither an offer to buy nor the solicitation of an offer to sell any or all of the Company's outstanding 3.75% Convertible Senior Notes due 2020. The Tender Offer is made solely by the Amended Offer to Purchase, the Amended Letter of Transmittal and related materials, as they may be amended or supplemented. Holders of Notes should read the Company's Tender Offer Statement on Schedule TO filed with the U.S. Securities and Exchange Commission (the \"SEC\") in connection with the Tender Offer, which will include as exhibits the Amended Offer to Purchase, the Amended Letter of Transmittal and related materials, as well as any amendments or supplements to the Schedule TO when they become available, because they will contain important information. Each of these documents will be filed with the SEC, and, when available, holders may obtain them for free from the SEC at its website (...