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Gogo shares rally as it scraps junk bond after offer from major airline

Connectivity BusinessbyConnectivity Business
May 26, 2016
in Uncategorized
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US inflight broadband provider Gogo has pulled a planned US$525m high-yield bond offer after a proposal from a major airline to use its services. Gogo’s shares rallied more than 18% on the morning of the disclosure. US inflight broadband provider Gogo (NASDAQ:GOGO) has pulled a planned US$525m high-yield bond offer after a proposal from a major airline to use its services. In an SEC […]

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Tags: American AirlinesGogoIntelsatNorth AmericaPanasonic AvionicsPremiumSESViasat
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