SAO PAULO, Sept. 10, 2014 /PRNewswire/ -- GOL Linhas
Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL),
(S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and
best-fare airline company in Latin
America ("Company"), in compliance with article 157, §4 of
Law no. 6,404/76 and CVM Instruction no. 358/2002, hereby announces
the amendment of the terms and conditions of certain tender offers
previously announced, carried through its subsidiary Gol LuxCo S.A.
("LuxCo"), to purchase for cash (the "2023 Notes Tender Offer") any
and all of LuxCo's outstanding 10.750% Senior Notes due 2023 (the
"2023 Notes") and, through its subsidiary GOL Finance ("Finance"),
to purchase for cash (the "2020 Notes Tender Offer") any and all of
Finance's outstanding 9.250% Senior Notes due 2020 (the "2020
Notes") and to purchase for cash ("the "2017 Notes Tender Offer"
and, together with the 2023 Notes Tender Offer and the 2020 Notes
Tender Offer, the "Tender Offers") any and all of Finance's
outstanding 7.50% Senior Notes due 2017 (the "2017 Notes" and,
together with the 2023 Notes and the 2020 Notes, the "Notes").
In connection with the Tender Offers, LuxCo and Finance are also
soliciting consents (the "Consent Solicitations") of the holders of
the Notes to the adoption of certain amendments (the "Proposed
Amendments") to the indentures governing the Notes to eliminate
substantially all of the restrictive covenants, as well as various
events of default and related provisions contained in such
indentures.
As of 5:00 pm New York City time on September 9, 2014, the following amounts had been
validly tendered and related consents to the Proposed Amendments
had been delivered:
- U.S.$43,954,000 in aggregate
principal amount of the 2023 Notes, or approximately 54.4% of the
2023 Notes outstanding;
- U.S.$129,835,000 in aggregate
principal amount of the 2020 Notes, or approximately 43.4% of the
2020 Notes outstanding; and
- U.S.$33,394,000 in aggregate
principal amount of the 2017 Notes, or approximately 27.4% of the
2017 Notes outstanding.
For further information visit
www.voegol.com.br/ir
CONTACTS
INVESTOR RELATIONS
Phone: +55 (11)
2128-4700
E-mail: ri@golnaweb.com.br
CORPORATE COMMUNICATIONS
Phone: +55 (11)
2128-4183
E-mail: comcorp@golnaweb.com.br
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and
NYSE: GOL), the largest low-cost and best-fare airline in
Latin America.
SOURCE GOL Linhas Aéreas Inteligentes S.A.