Virgin Galactic to Redeem up to $30.5M of First Lien Notes

June 2, 2026, 12:20 PM UTC

Virgin Galactic provided notice to redeem up to $30.5m of 9.80% first lien notes due 2028 on June 10.

  • Virgin Galatic to pay redemption price by issuing shares of common stock to the holders of the first lien notes
  • Redemption will retire all mandatory principal payments of the first lien notes that are due between now to the end of 2027

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