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Gogo adds $113 million debt financing for international expansion

Dennis Schaal

Skift Take

Gogo's stalled IPO is almost reaching the proportions of Kayak's roughly 21-month wait. Meanwhile, Gogo's international expansion is hampered by its lack of satellite connectivity.

Gogo hasn't been able to execute on its IPO plans, and in the interium it announced today that it closed on a $113 million increase in its credit facility to bankroll its fledgling international expansion. That $113 million, which would also be used for general corporate purposes,

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