SAO PAULO, June 30, 2016 /PRNewswire/ — GOL Linhas Aereas Inteligentes S.A. “GOL” or “Company” (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CC, Fitch: C and Moody’s: Caa3), the largest low-cost and best-fare airline in Latin America, reminds unsecured noteholders that the extended deadline to participate in its private Exchange Offer, is tomorrow, July 1, 2016, at 11:59 p.m. New York City time.
On June 20, 2016 GOL amended the terms of its voluntary Exchange Offer and removed the minimum participation condition. The amended terms are the best and final conditions the Company will offer and represent substantial premiums over both the current market value as well as the market value of the Old Notes on May 3, when GOL launched the Exchange Offer.
If holders of more than 60% of the aggregate principal amount of the Existing Notes participate in the Exchange Offer, then exchanging holders will receive additional consideration in New Notes equal to 2.5% of the par value of the 2017 Notes, and equal to 5% of the par value of the Old 2020, 2022, 2023 and Perpetual Notes.
For more information and to participate in the private Exchange Offer, eligible noteholders can visit the following website: www.dfking.com/gol.
For further information visit www.voegol.com.br/ir.
Phone: +55 (11) 2128-4700
Phone: +55 (11) 2128-4183
SOURCE GOL Linhas Aereas Inteligentes S.A.