Gogo Raises $6m In Private Offering

Gogo, the in-flight broadband provider has raised $5.94m in a sale of its 3.75 per cent convertible senior notes, due 2020.

Gogo, the in-flight broadband provider has raised $5.94m in a sale of its 3.75 per cent convertible senior notes, due 2020.

Gogo confirmed it sold the notes on Tuesday (March 24) under a previously announced private offering.

The firm, headquartered in Itasca, Illinois, said it will use the proceeds to develop and launch its next-generation technology solutions and acquire “additional spectrum should it become available.”

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