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Travelport buys back $44 million bonds in first quarter
By Angela McDaniels
Tacoma, Wash., May 13 - Travelport Ltd. repurchased roughly $44 million principal amount of bonds during the first quarter, according to the company's earnings release.
The company ended the quarter with $207 million of cash and $3.79 billion of long-term debt, compared with $309 million of cash and $3.75 billion of long-term debt at Dec. 31.
Travelport is a New York-based travel conglomerate.
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