Travelport Worldwide Limited has announced that it has received commitments for $500 million in financing from affiliates of existing owners, Siris Capital Group, LLC and Evergreen Coast Capital Corp., the private equity affiliate of Elliott Management Corporation, and an additional $500 million of available financing capacity. The investment provides Travelport with the liquidity needed to continue to exceed the expectations of its customers despite the impact of the COVID-19 pandemic. It also allows Travelport to continue to invest in its industry-leading technology and next-generation platform to ensure it is positioned for growth as travel returns.
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