Travelport Worldwide to prepay $50 million of term loans by Sept. 30

By Tali Rackner

Norfolk, Va., Sept. 12 – Travelport Worldwide Ltd. said its board of directors approved a $50 million voluntary prepayment of term loans under its credit agreement dated Sept. 2, 2014, according to an 8-K filing with the Securities and Exchange Commission.

The prepayment will be made by Sept. 30.

Deutsche Bank AG, New York Branch, is the administrative agent, collateral agent and letter-of-credit issuer.

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

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