GOL Linhas AÃ©reas Inteligentes S.A. (“GOL”), (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, has announced the early results of the previously announced cash tender offer (the “Tender Offer”) by its subsidiary, Gol Finance (formerly known as “Gol LuxCo S.A.”) (“Gol Finance”), for up to USUSD 50 million in aggregate principal amount of its outstanding 9.250% Senior Notes due 2020 (the “Notes”) (144A CUSIP / ISIN Nos. 38045U AD2/US38045UAD28 and Reg S G3980P AD7/USG3980PAD71), the company said.
The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase and the related Letter of Transmittal, each dated December 14, 2017. The Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on January 12, 2018, unless extended or earlier terminated as described in the Offer to Purchase (such time and date, as the same may be extended, the “Expiration Time”).
Gol Finance has engaged Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated to act as the dealer managers (the “Dealer Managers”) in connection with the Tender Offer.