SAO PAULO, May 13, 2016 /PRNewswire/ -- GOL Linhas
Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL),
(S&P: CC, Fitch: C and Moody's: Caa3), the largest low-cost
and best-fare airline in Latin
America, as part of its comprehensive restructuring plan, is
offering a significant premium to bondholders that elect to
exchange their outstanding unsecured bonds for cash and new secured
bonds.
Unsecured bondholders have the opportunity to exchange their
securities at approximately a 10 to 50% premium to their current
market value, for cash consideration and new bonds secured by
collateral. Based on current market prices, holders of the Senior
Notes maturing in 2017 can exchange their bonds at approximately a
50% premium. The holders of Notes maturing in 2020, 2022 and 2023
can exchange at approximately a 20% premium over current market
value. The Perpetual Notes holders can exchange at a premium of
approximately 10%.
"The Exchange Offer represents an opportunity for bondholders to
participate in the restructuring and receive a premium for their
bonds. We are confident that bondholders will recognize that it is
in their best interests to exchange their notes," said Edmar Lopes, GOL´s CFO.
For more information and to participate in the private exchange
offer, eligible bondholders can visit the following website:
www.dfking.com/gol.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11)2128-4700
Media Relations
Marcelo
Mota
In Press Porter Novelli
+55 11 94547 7447
Michael Freitag, Meaghan Repko and Dan
Moore
Joele Frank, Wilkinson Brimmer
Katcher
(212) 355-4449
About GOL Linhas Aéreas Inteligentes S.A.
In 15 years of history, GOL Linhas Aéreas Inteligentes helped
build links, bringing people closer and reduce distances with
safety and intelligence. The company played an important role in
the democratization of air travel in Brazil, contributing to enable approximately
17 million people to fly for the first time, becoming the largest
low-cost and best-fare airline in Latin
America. GOL is also the leading company in terms of on-time
performance and number of passengers carried in the domestic
market, both in the leisure and corporate segments – according to
Infraero.
GOL has the highest supply of seats with ANAC's "A" seal,
providing even more comfort in its 800 daily flights to 65 domestic
and international destinations in South
America and the Caribbean.
The company maintains strategic alliances with three major
global partners: Delta Air Lines, Air France and KLM, allowing it
to offer twelve codeshare and more than 70 interline agreements,
bringing more convenience and facilitating connections to any
destination of these alliances.
Through SMILES, GOL's loyalty program, passengers can accumulate
miles and redeem tickets to more than 160 countries and 800
destinations worldwide. The Company also operates Gollog, which
retrieves and delivers cargo and packages to and from approximately
2,500 cities in Brazil and ten
abroad.
Disclaimer
The New Notes (including the guarantees) have not been
registered under the Securities Act and may not be offered or sold
within the United States or to, or
for the account or benefit of, U.S. persons except to qualified
institutional buyers in compliance with applicable exemptions.
Documents relating to the Exchange Offers will only be
distributed to "Eligible Holders" of Old Notes who complete and
return an eligibility form confirming that they are (1) a
"Qualified Institutional Buyer" (as defined in Rule 144A under the
Securities Act of 1933, as amended (the "Securities Act")) or (2) a
person outside the United States
that is not a "U.S. Person," (as that term is defined in Rule 902
of Regulation S under the Securities Act).
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SOURCE GOL Linhas Aereas Inteligentes S.A.