The company, which runs online travel agency brands eDreams, GO Voyages, Opodo, Travellink and metasearch engine Liligo, said it had launched an offering of senior secured notes to the value of €425 million due to expire in 2023. It added: “eDreams ODIGEO and certain of its subsidiaries will guarantee the notes, and the notes will be secured by certain assets of eDreams ODIGEO. “The net proceeds of the offering, if completed, along with existing cash on balance sheet, are expected to be used to redeem for cancellation all of the outstanding euro-denominated 8.50% senior secured notes due 2021 issued by eDreams ODIGEO on October 4, 2016, in accordance with the terms of such notes, and to pay commissions, fees and other expenses associated with the offering and the redemption.” Get the full story at Travel Weekly UK Read also "EDreams ODIGEO profits drop during Q1"