Travelport Says It Has Options to Meet Looming Coupon Payment

Travelport Worldwidesaid it has options to pay interest coming due on some of its debt on March 31, according to people with knowledge of the situation, citing an investor call.

• The company was asked directly about how it will address the forthcoming interest due on its lower-ranked loan, said the people, who asked not to be identified discussing a private call
• Representatives for the company and co-private equity owner Siris Capital Group declined to comment. Messages left with co-sponsor Elliott Management weren’t immediately returned
• The firm had around $40 million of cash at the end of February, the people ...