GOL Releases Notice to the Market - Early Tender Results of Tender Offer for Notes 2023 and 2017
SAO PAULO, July 2, 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 low-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 early tender results in connection with the previously announced offer to purchase for cash from Gol LuxCo S.A., subsidiary of the Company (the "2023 Notes Tender Offer") any and all of its outstanding 10.750% Senior Notes due 2023 (the "2023 Notes") and the previously announced offer to purchase for cash from Gol Finance, subsidiary of the Company (the "2017 Notes Tender Offer" and, together with the 2023 Notes Tender Offer, the "Tender Offers"), its outstanding 7.50% Senior Notes due 2017 (the "2017 Notes" and, together with the 2023 Notes, the "Notes") up to an aggregate principal amount equal to (i) US$150.0 million less (ii) the amount paid to purchase the 2023 Notes accepted for purchase pursuant to the 2023 Notes Tender Offer (the "Maximum Purchase Amount"). If the aggregate purchase price for the 2017 Notes accepted for purchase exceeds the Maximum Purchase Amount, the tendered 2017 Notes will be subject to proration.
The early tender date for the Tender Offers was 5:00p.m., New York City time, on July 1, 2014 (the "Early Tender Date"). The Company has been advised that, as of the Early Tender Date, US$98,909,000.00 in aggregate principal amount of the 2023 Notes, or approximately 54.95% of the 2023 Notes outstanding, and US$87,719,000.00 in aggregate principal amount of the 2017 Notes, or approximately 41.77% of the 2017 Notes outstanding, had been validly tendered pursuant to the Tender Offers. The Notes that have been validly tendered cannot be withdrawn, except as may be required by applicable law.
For further information visit www.voegol.com.br/ir
Phone: +55 (11) 2128-4700
Phone: +55 (11) 2128-4183
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America.
SOURCE GOL Linhas Aéreas Inteligentes S.A.