GTCR boosts Gogo stake

GTCR, a leading private equity firm, will convert all of its $105.7 million principal amount of Gogo's 6.0% Convertible Senior Notes due 2022 into shares of Gogo's common stock. The deal will see GTCR receive 19.1 million shared of Gogo stock, giving the company a 28.6% ownership stake in Gogo.

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Written by PaxEx.Aero @ https://paxex.aero

Written by PaxEx.Aero @ https://paxex.aero