GOL Linhas AÃ©reas Inteligentes S.A., (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, has announced that its subsidiary, Gol Finance, priced a re-tap offering of USUSD 150 million in aggregate principal amount of its 7.000% Senior Notes due 2025, expected to close on February 2, 2018, the company said.
The New Notes were offered as a further issuance of Gol Finance´s 7.000% senior notes due 2025, priced at a yield of 7.00%, and will be consolidated with, and form a single series with, the USUSD 500,000,000 aggregate principal amount of notes that were originally issued on December 11, 2017, raising the outstanding total on the tranche to USUSD 650,000,000.
Brazil´s largest airline group. GOL is Brazil´s largest airline, carrying 33 million passengers annually on more than 700 daily flights to 64 destinations, 53 in Brazil and 11 in South America and the Caribbean, on a fleet of 119 Boeing 737 aircraft, with a further 120 Boeing 737 MAX on order. GOLLOG is a cargo transportation and logistics business serving more than 2,400 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 13 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.