São Paulo, February 2, 2018 - GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company"), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announced today the closing of the tap offering of US$150 million in aggregate principal amount of 7.000% Senior Notes due 2025 (the "2025 Notes") by its subsidiary, Gol Finance (formerly known as "Gol LuxCo S.A.").
A part of the net proceeds from the tap offering of 2025 Notes will be used to redeem in full the outstanding 9.250% Senior Notes due 2020 (144A CUSIP/ISIN: 38045U AD2/US38045UAD28; Regulation S CUSIP/ISIN: G3980P AD7/USG3980PAD71) (the "2020 Notes") issued by Gol Finance, an exempted company incorporated with limited liability in the Cayman Islands ("Gol Finance Cayman").
Gol Finance Cayman has given formal notice to the holders of its 2020 Notes of its intention to redeem such 2020 Notes on or around March 7, 2018, in accordance with their terms and conditions. This press release does not constitute a notice of redemption of the 2020 Notes.
Once the call option for the outstanding 2020 Notes is exercised in full as per the announcement, GOL's nearest bond maturity in the international debt capital markets will be due in 2022.
This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell, acquire, subscribe for or dispose of the 2025 Notes, the 2020 Notes or any other securities. The 2025 Notes and the 2020 Notes described in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any relevant state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.