SAO PAULO, Nov. 27, 2017 /PRNewswire/ -- GOL Linhas
Aéreas Inteligentes S.A. ("GOL" or "Company"), (NYSE: GOL and B3:
GOLL4), Brazil's #1
airline, announced today that its subsidiary, Gol Finance (formerly
known as "Gol LuxCo S.A.") ("Gol Finance"), has commenced a
cash tender offer (the "Tender Offer") for any and all of
its outstanding US$276,730,000
aggregate principal amount of 8.875% Senior Notes due 2022 (the
"Notes") (144A CUSIP / ISIN Nos. 38045LAA8/US38045LAA89 and
Reg S CUSIP / ISIN L4441PAA8/USL4441PAA86).
The Tender Offer is scheduled to expire at 8:00 a.m., New York
City time, on December 6,
2017, unless extended or earlier terminated (such time, as
may be extended, the "Expiration Time"). Holders who validly
tender their Notes prior to the Expiration Time will be eligible to
receive US$1,065 for each
US$1,000 principal amount of Notes,
plus accrued interest.
Completion of the Tender Offer is subject to certain market and
other conditions, including the completion by Gol Finance of new
debt financing on satisfactory terms and conditions. Settlement of
the Tender Offer is expected to occur on the third business day
following the Expiration Time, unless terminated.
Tendered Notes may be withdrawn at any time at or prior to the
earlier of the Expiration Time and, in the event that the Tender
Offer is extended, the tenth business day after commencement of the
Tender Offer. Tendered Notes may be withdrawn at any time after the
60th business day after commencement of the Tender Offer if for any
reason the offer has not been consummated within 60 business days
after commencement.
Upon the terms and subject to the conditions of the Tender Offer
set forth in the Offer to Purchase, dated as of November 27, 2017 (the "Offer to
Purchase"), all Notes validly tendered and not validly
withdrawn or with respect to which a properly completed and duly
executed Notice of Guaranteed Delivery (as described in the Offer
to Purchase) is delivered at or prior to the Expiration Time, as
applicable, will be accepted for purchase. The Company reserves the
absolute right to amend, terminate or withdraw the Tender Offer in
its sole discretion, subject to disclosure and other requirements
as required by applicable law. In the event of termination or
withdrawal of the Tender Offer, Notes tendered and not accepted for
purchase pursuant to the Tender Offer will be promptly returned to
the tendering holders.
For further information visit
www.voegol.com.br/ir
CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: ri@voegol.com.br
CORPORATE COMMUNICATIONS
Phone: +55 (11)
2128-4183
E-mail: comcorp@voegol.com.br
About GOL Linhas Aéreas Inteligentes S.A.
Brazil's largest airline group.
GOL is Brazil's
largest airline, carrying 33 million passengers annually on more
than 700 daily flights to 63 destinations, 52 in Brazil and 11 in South America and the Caribbean, on a fleet of 120 Boeing 737
aircraft, with a further 120 Boeing 737 MAX on order.
GOLLOG is a leading cargo transportation and
logistics business serving more than 2,200 Brazilian municipalities
and, through partners, 205 international destinations in 95
countries. SMILES is one of the largest coalition
loyalty programs in Latin America,
with over 12 million registered participants, allowing clients to
accumulate miles and redeem tickets for more than 700 locations
worldwide. GOL has a team of more than 15,000 highly skilled
aviation professionals delivering Brazil's top on-time performance, and an
industry leading 16 year safety record. GOL's shares are traded on
the NYSE (GOL) and the B3 (GOLL4).
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SOURCE GOL Linhas Aéreas Inteligentes S.A.