Orbitz Worldwide buys back $10 million of term loan debt

By Sara Rosenberg

New York, June 17 - Orbitz Worldwide Inc. purchased $10 million principal amount of its term loan debt on Wednesday, according to an 8-K filed with the Securities and Exchange Commission.

As a result, the company will be permitted to make additional non-pro rata purchases of term loans under through June 2, 2010.

Orbitz is a Chicago-based online travel company.

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