Azul prices offering of notes

Azul S.A (B3:AZUL4) (NYSE:AZUL) has announced that Azul Investments LLP (the “Issuer”), a Delaware limited liability partnership and financing affiliate of Azul, has priced an offering of USD 400,000,000 aggregate principal amount of 5.875% senior notes due 2024, the company said.

The notes will be guaranteed by Azul and Azul Linhas Aéreas Brasileiras S.A. Azul intends to use the net proceeds of the offering for general corporate purposes, including debt refinancing. The Issuer expects to deliver the Notes on or about October 26, 2017.

Azul is the largest airline in Brazil in terms of departures and cities served, with 739 daily departures serving 102 destinations, creating a network of 202 non-stop routes as of June 30, 2017.