Travelport increases revolver to $125 million, adds UBS as LoC issuer

By Marisa Wong

Madison, Wis., Jan. 22 – Travelport Worldwide Ltd. entered into an incremental amendment to its credit agreement to increase the amount of revolving credit commitments by $25 million to a total of $125 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment also designates UBS AG, Stamford Branch as an additional letter-of-credit issuer and reallocates the letter-of-credit sublimit among the letter-of-credit issuers.

Travelport Finance (Luxembourg) Sarl and Travelport Ltd. entered into the credit agreement on Sept. 2 with Deutsche Bank AG New York Branch, Credit Suisse AG, Cayman Islands Branch and Morgan Stanley Senior Funding, Inc. The amendment was completed on Jan. 16.

Travelport is an Atlanta-based provider of transaction processing services to the travel industry. Travelport Worldwide is based in Langley, England.

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