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 Standard & Poor`s--one of three
major corporate credit rating agencies--assigned a preliminary
rating B- (from CCC+) to the proposed senior unsecured notes
offering. The long-term global scale corporate credit rating and
Brazil national scale long term
corporate rating and the issue ratings on Gol's existing senior
unsecured notes due 2020, 2022, and 2023 were placed on CreditWatch
with positive implications and are expected to be upgraded by one
notch when the proposed senior unsecured notes offering is
completed. "After the upgrade from Fitch on November 13th, we are pleased to have another
recognition of Gol's strengthening credit profile by S&P. We
will continue to execute our business plan to drive additional
improvement of our credit metrics and profitability." said
Richard Lark, Executive Vice
President and Chief Financial Officer.
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.