GOL Announces Pricing of Senior Notes Offering

14.07.2010 [11:18] :: Use of proceeds of the offering will primarily repay existing debt maturing in the next three years

GOL Announces Pricing of Senior Notes Offering

São Paulo – GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and BMF&BOVESPA: GOLL4), the largest low-cost and low-fare airline in Latin America, announced today that it has priced an offering of USD300 million of 9.25% senior notes due 2020 in an offering exempt from registration under the United States Securities Act of 1933, as amended ("Securities Act").

Gol and its subsidiary, VRG Linhas Aéreas S.A., will guarantee the notes. The notes will be senior unsecured debt obligations of Gol and are subject to optional redemption with make whole. Gol intends to use the proceeds of the offering primarily to repay existing debt maturing in the next three years.

The notes have not been and will not be registered under the Securities Act and may not be offered or sold (a) in the United States absent registration or an applicable exemption from registration under the Securities Act, or (b) in any other jurisdiction in which such offer or sale is prohibited. This press release shall not constitute an offer to sell nor the solicitation of an offer to buy the notes.

Picture: Carstino Delmonte/ Touristikpresse.net

Tags:

Airline | Brasil | GOL | Luftverkehr | Pricing of Senior Notes Offering

Mehr zum Thema:

Luftverkehr | Süd & Mittelamerika | Bilanzen & Statistiken | Besserer Service? | Destinationen | Allianzen Kooperationen Kartelle | Sicherheit

Kontakt:

CONTACTS:

Rodrigo Alves
Head of Investor Relations
Raquel Kim
Investor Relations
Mario Liao
Investor Relations
Phone.: (55 11) 2128-4700


14.07.2010 || Zwei Cuxhavener Veranstaltungs-Highlights erstmals an einem Wochenende
„Sommerabend am Meer“ und „Duhner Wattrennen“ am 7. / 8. August
  14.07.2010 || Number of airBaltic passengers grows by 32% in June
Latvian airline airBaltic carried overall 340,586 passengers in June 2010 (from Riga, Vilnius and Tallinn), representing 32% increase comparing with the same month in 2009, when airBaltic transported 258,051 passenger.

Letzte Nachrichten:

Zum Thema:

Datenbank:

del.icio.us digg Furl YahooMyWeb blinkbits BlinkList blogmarks co.mments connotea De.lirio.us Fark feedmelinks LinkaGoGo Ma.gnolia NewsVine Netvouz RawSugar Reddit scuttle Shadows Simpy Smarking Spurl TailRank Wists segnalo