Travelport redeems notes after obtaining first-lien credit facility

By Toni Weeks

San Luis Obispo, Calif., Nov. 6 – Travelport LLC and Travelport Holdings, Inc. said they redeemed all of their outstanding 11 7/8% dollar senior subordinated fixed-rate notes due 2016, 10 7/8% senior subordinated euro fixed-rate notes due 2016, senior floating-rate notes due 2016, 13 7/8% senior fixed-rate notes due 2016 and 11 7/8% senior subordinated fixed-rate notes due 2016 following the arrangement of a new first-lien credit facility by parent company Travelport Ltd. on Oct. 2.

As previously reported, the senior floating-rate notes due 2016 and 13 7/8% senior fixed-rate notes due 2016 were redeemed at par plus accrued interest on Oct. 2.

According to an 8-K filing with the Securities and Exchange Commission, the companies satisfied and discharged each of the indentures governing the notes, and there are currently no notes outstanding and no holders of record.

Travelport is an Atlanta-based provider of transaction processing services to the travel industry.

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