Virgin Galactic Holdings, Inc. initiated a consent solicitation from holders of its 9.80% First Lien Notes due 2028 to adopt technical amendments to the indenture, intended to provide greater flexibility for future redemptions.
Key takeaways
The company is soliciting consents from holders of its 9.80% First Lien Notes due 2028 to amend the governing indenture.
The proposed amendments are described as technical in nature and are intended to provide greater flexibility for redemptions of the notes.
The amendments do not modify the redemption price or the company's payment obligations under the existing indenture.
The consent solicitation was initiated on April 20, 2026, and will be consummated per a separate statement provided to noteholders.