SAO PAULO, Jan. 16, 2018 /PRNewswire/ -- GOL Linhas
Aéreas Inteligentes S.A. ("GOL"), (NYSE: GOL and B3:
GOLL4), Brazil's #1 airline, announced today that the cash
tender offer (the "Tender Offer") by its subsidiary, Gol Finance
(formerly known as "Gol LuxCo S.A.") ("Gol Finance"), for up to
US$50 million in aggregate principal
amount of its outstanding 9.250% Senior Notes due 2020 (the
"Notes") (144A CUSIP / ISIN Nos. 38045U AD2/US38045UAD28 and Reg S
CUSIP / ISIN Nos. G3980P AD7/USG3980PAD71) expired at 11:59 p.m., New York
City time, on January 12, 2018
(the "Expiration Time"). At the Expiration Time, valid tenders had
been received after 5:00 p.m.,
New York City time, on
December 28, 2017 (the "Early Tender
Time") but at or prior to the Expiration Time with respect to
US$ 100,000 in aggregate principal amount of Notes.
Gol Finance expects to accept and make payment for all Notes
that were validly tendered after the Early Tender Time but at or
prior to the Expiration Time on January 16,
2018 (the "Final Settlement Date"). Such tendering Holders
will receive US$990 per US$1,000 principal amount of Notes tendered, plus
accrued and unpaid interest from the last interest payment date to,
but not including, the Final Settlement Date.
Gol Finance will use a portion of the net proceeds from its
offering of 7.00% Senior Notes due 2025, which closed on
December 11, 2017, to purchase all
Notes validly tendered after the Early Tender Time and to pay
related costs and expenses.
Disclaimer
This press release is for informational purposes only and
does not constitute an offer to purchase or the solicitation of an
offer to sell the Notes or any other securities.
This release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
United States Securities Exchange Act of 1934, as amended,
including those related to final settlement of the Tender Offer.
Forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future, and, accordingly, such results may differ from those
expressed in any forward-looking statements. These risks and
uncertainties include, but are not limited to, general economic,
political and business conditions in Brazil, South
America and the Caribbean,
existing and future governmental regulations, including air traffic
capacity controls, and management's expectations and estimates
concerning the company's financial performance and financing plans
and programs. Additional information concerning potential factors
that could affect the company's financial results is included in
Gol Linhas Aéreas Inteligentes S.A.'s Annual Report on Form 20-F
for the year ended December 31, 2016
and its current reports filed with the Securities and Exchange
Commission. Neither Gol Linhas Aéreas Inteligentes S.A. nor Gol
Finance is under any obligation to (and expressly disclaims any
such obligation to) update forward-looking statements as a result
of new information, future events or otherwise, except as required
by law.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55 (11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
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 120 Boeing 737
aircraft, with a further 120 Boeing 737 MAX on order.
GOLLOG is a leading 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, and an
industry leading 17 year safety record. GOL's shares are traded on
the NYSE (GOL) and the B3 (GOLL4).
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SOURCE GOL Linhas Aéreas Inteligentes S.A.