SAO PAULO, Sept. 1, 2015 /PRNewswire/ -- GOL Linhas
Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL),
(S&P: B-, Fitch: B-, Moody's: B3), the largest low-cost and
best-fare airline in Latin
America, announced that on August 31,
2015, in compliance with CVM Instruction 358/2002, as
amended ("INCVM 358"), hereby informs its shareholders and the
market the following, in complement to the material fact published
on July 10, 2015.
On August 31, 2015, our subsidiary
Gol LuxCo S.A. ("Gol LuxCo") has entered into, acting as borrower,
the "Credit and Guaranty Agreement" together with Morgan Stanley
Senior Funding, Inc., ("Morgan Stanley"), acting as administrative
agent and representative of the interests of the creditors, with an
aggregate principal amount of U.S.$
300,000,000 (three hundred millions US Dollars), with
remuneration of 6.5 % per year and maturity date of five years
("Credit Agreement"). The Company and VRG Linhas Aereas S.A. ("VRG"
and, together with the Company, the "Guarantors") granted personal
guarantee in order to guarantee the fulfillment of the obligations
assumed by Gol LuxCo under the Credit Agreement.
Besides the guarantee granted by the Guarantors, Delta Air
Lines, Inc. ("Delta") granted a backstop guaranty, in order to
guarantee the fulfillment of the obligations assumed by Gol LuxCo
under the Credit Agreement.
In order to guarantee the fulfillment of obligations assumed by
Gol LuxCo, it was granted a personal guarantee by the Company and
VRG and a pledge of ordinary shares issued by Smiles S.A.
("Smiles") and owned by the Company, as well as its economic
rights.
The above transaction is part of the strategic transactions
agreed by the Company and Delta, as disclosed in the material fact
published by the Company on July 10,
2015.
For further information visit
www.voegol.com.br/ir
CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: ri@golnaweb.com.br
CORPORATE COMMUNICATIONS
Phone: +55 (11) 2128-4183
E-mail: comcorp@golnaweb.com.br
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and
NYSE: GOL), the largest low-cost and best-fare airline in
Latin America, offers around 900
daily flights to 73 destinations, 17 international, in South America, the Caribbean and the
United States, using a young, modern fleet of Boeing 737-700
and 737-800 Next Generation aircraft, the safest, most efficient
and most economical of their type. The SMILES loyalty program
allows members to accumulate miles and redeem tickets to more than
700 locations around the world via flights with foreign partner
airlines. The Company also operates Gollog, a logistics service
which retrieves and delivers cargo and packages to and from more
than 3,500 cities in Brazil and
six abroad. With its portfolio of innovative products and services,
GOL Linhas Aereas Inteligentes offers the best cost-benefit ratio
in the market.
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SOURCE GOL Linhas Aereas Inteligentes S.A.