SAO PAULO, May 16, 2016 /PRNewswire/ -- GOL Linhas
Aereas 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 announced on May 3,
2016, that it commenced private Exchange Offers intended to
ensure that the Company emerges from its restructuring in the best
competitive position.
Investors that participate in the voluntary exchange will
receive New Notes guaranteed by spare parts owned by GOL. The
Company retained Morten Beyer &
Agnew (MBA), an internationally recognized expert consultant, to
conduct an appraisal of the collateral and valued it at
approximately US$223
million. The spares are used in the operation of GOL's
fleet of Boeing 737-700 and 800 Next Generation aircraft.
For more information and to participate in the private Exchange
Offer, eligible bondholders should visit the following website:
www.dfking.com/gol.
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).
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
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SOURCE GOL Linhas Aereas Inteligentes S.A.