Gogo Is Trying to Raise $500 Million to Improve In-Flight Wi-Fi

Tired of spotty in-flight Wi-Fi service? The junk bond market may be able to help. Gogo Inc., the provider of often-griped-about Internet service on airplanes, said it’s planning to raise $500 million in a bond offering that has been rated six-levels below investment-grade by S&P Global Ratings.

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