GOL to redeem 2023 notes

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, has announced that its subsidiary, Gol Finance (formerly known as “Gol LuxCo S.A.”), has given formal notice to the holders of its 10.750% Senior Notes due 2023 that it will redeem all outstanding 2023 Notes on or around May 9, 2018, in accordance with their terms and conditions, the company said.

The redemption of the 2023 Notes is part of GOL´s ongoing liability management program, through which it has redeemed or accepted tenders of more than USUSD 375 million of its bonds over the last six months.

Brazil´s largest airline group. GOL is Brazil´s largest airline, carrying 33 million passengers annually on more than 700 daily flights to 66 destinations, 55 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.