After its return to the cross-border bond market in December, Brazilian airline Gol is ready to move on from a restructuring and introduce a new fleet of aircraft, says Richard Lark.
Tag: Gol
Posted inDaily Brief
Gol begins another buyback
Brazilian airline moves to acquire up to $50m of its 9.25% 2020s and announces intention to redeem its 2018, 2021 and 2028 notes
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Azul shrugs off delay with oversubscribed IPO
Brazilian airline raises $570m in its market debut, with bookrunners immediately exercising the hot shoe, sources say
Posted inWeb Articles
Brazil’s Azul raises over $570m in IPO
The Brazilian airline moved ahead with its equity offering and order books were up to seven times oversubscribed
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Gol pays off bonds
Brazilian airline says it has lowered debt by $1.5bn in the past 15 months
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Gol reaches plea agreement
Brazilian airline admits to wiring money to companies tied to former Congress speaker Eduardo Cunha
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Gol moves to lower debt
Brazilian airline aims to reduce debt levels by more than $1bn by the end of the year
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Smiles CFO departs
Flavio Vargas resigns from Gol’s frequent flyer program as the Brazilian airline announces changes to the board
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S&P upgrades Gol
Rating agency lifts airline out of default but says the capital structure remains unsustainable for the medium term
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Gol seeks mid-term debt solutions
Brazilian airline concludes bond swap after only 22% of noteholders accepted terms