SÃO PAULO, Dec. 6, 2017
/PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL"
or "Company"), (NYSE: GOL and B3: GOLL4), Brazil's #1
airline, announced today that the cash tender offer (the "Tender
Offer") by its subsidiary, Gol Finance (formerly known as "Gol
LuxCo S.A.") ("Gol Finance"), 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) expired today at
8:00 a.m., New York City time (the "Expiration
Time"). At the Expiration Time, valid tenders had been received
with respect to approximately US$185,197,000 in aggregate principal amount of
Notes (which excludes Notes subject to the guaranteed delivery
procedures).
Gol Finance expects to accept and make payment for all Notes
that were validly tendered, or with respect to which a properly
completed and duly executed Notice of Guaranteed Delivery was
delivered, at or prior to the Expiration Time, concurrently with
the closing of an offering of US$500
million in aggregate principal amount of 7.00% Senior Notes
due 2025 (the "New Notes") in accordance with Rule 144A and
Regulation S under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), which is expected to occur on
December 11, 2017.
Holders of Notes who validly tendered their Notes at or prior to
the Expiration Time are eligible to receive US$1,065 per US$1,000 principal amount of Notes. In addition,
accrued and unpaid interest from the last interest payment date to,
but not including, the settlement date for the Notes will be paid
in cash on all validly tendered and accepted Notes.
This press release is for informational purposes only and
does not constitute an offer to purchase or the solicitation of an
offer to sell the Notes or any other securities. Subject to
applicable law, Gol Finance may postpone the acceptance for
purchase of, and payment for, Notes that were validly tendered at
or prior to the Expiration Time.
The New Notes will be offered and sold only to qualified
institutional buyers in accordance with Rule 144A under the
Securities Act and to non-U.S. persons in accordance with
Regulation S under the Securities Act. When issued, the New Notes
will not have been registered under the Securities Act or state
securities laws and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of the
Securities Act and applicable state securities laws. This press
release does not constitute an offer to sell or the solicitation of
an offer to buy the New Notes or any other securities and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which, or to any person to whom, such an offer, solicitation or
sale is unlawful. Any offers of the New Notes will be made only by
means of a private offering memorandum.
Disclaimer
This release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
United States Securities Exchange Act of 1934, as amended,
including those related to settlement of the Tender Offer.
Forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future, and, accordingly, such results may differ from those
expressed in any forward-looking statements. These risks and
uncertainties include, but are not limited to, general economic,
political and business conditions in Brazil, South
America and the Caribbean,
existing and future governmental regulations, including air traffic
capacity controls, and management's expectations and estimates
concerning the company's financial performance and financing plans
and programs. Additional information concerning potential factors
that could affect the company's financial results is included in
Gol Linhas Aéreas Inteligentes S.A.'s Annual Report on Form 20-F
for the year ended December 31, 2016
and its current reports filed with the Securities and Exchange
Commission. Neither Gol Linhas Aéreas Inteligentes S.A. nor Gol
Finance is under any obligation to (and expressly disclaims any
such obligation to) update forward-looking statements as a result
of new information, future events or otherwise, except as required
by law.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11) 2128-4700
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SOURCE GOL Linhas Aéreas Inteligentes S.A.