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Early acceptance premium expires.


GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL) said the deadline to qualify for the "Early Acceptance Premium", which is equal to five percent of the original face value, for tendering outstanding bonds in its private exchange offer has expired.

The premium of approximately 10 percent to 50 percent offered over current market prices includes the Early Acceptance Premium of five percent of the original face value for holders of the Senior Notes maturing in 2017, 2020, 2022 and 2023 and holders of the Perpetual Notes.

Gol Linhas Aereas Inteligentes S.A. provides regular and non-regular flight transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. As of 31 December, 2015, it operated a fleet of 144 aircraft, which included 98 aircraft under operating leases and 46 aircraft under finance leases. It also develops and manages its own or third party's customer loyalty program, as well as sells redemption rights of awards related to the loyalty program. The company has a strategic partnership with Air France-KLM. Gol Linhas Aereas Inteligentes S.A. was founded in 2001 and is based in Sao Paulo, Brazil.

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Title Annotation:GOL Linhas Aereas Inteligentes S.A.
Publication:Airline Industry Information
Article Type:Brief article
Geographic Code:3BRAZ
Date:May 24, 2016
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