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Brazil’s GOL Linhas begins tender offers for 10¾% notes, 7½% notes
By Susanna Moon
Chicago, June 19 – GOL Linhas Aereas Inteligentes SA said it began tender offers for two series of notes through its subsidiaries.
The company began a tender through subsidiary Gol LuxCo SA for any and all of its outstanding 10¾% senior notes due 2023, according to a press release.
In the second offer, the company is tendering through subsidiary GOL Finance for its outstanding 7½% senior notes due 2017 for a principal amount equal to $150 million less the amount paid to purchase the 10¾% notes.
No other details were included in the press release.
The discount air carrier is based in Sao Paulo.
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