Vista Global has signed a definitive agreement for a $600 million equity investment from a consortium of investors led by RRJ Capital.
The company sells private jet flights via its VistaJet and XO brands.
The leading private jet flight provider made the announcement earlier this morning.
Per the release, “This investment marks another significant milestone in Vista’s historic growth journey and validates the confidence in the Group’s strategic vision and business model.”
It continues, “This investment will optimize the Group’s capital structure, enhance free cash flow generation and reduce indebtedness.”
The announcement adds, “This is in line with Vista’s strong commitment to accelerate deleveraging, diversify…
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