New Issue: Brazil's GOL sells $200 million 10¾% 10-year notes to yield 11%

By Christine Van Dusen

Atlanta, Feb. 8 - Brazil's GOL Linhas Aereas Inteligentes SA priced a $200 million issue of 10¾% notes due Feb. 12, 2023 (/B/B) at 98.506 to yield 11%, a market source said.

BB Securities, BofA Merrill Lynch, Bradesco BBI and Citigroup were the bookrunners for the Rule 144A and Regulation S deal.

The notes are callable from Feb. 12, 2018.

GOL is a Sao Paulo-based airline.

Issuer:	GOL Linhas Aereas Inteligentes SA
Amount:	$200 million
Maturity:	Feb. 12, 2023
Description:	Notes
Bookrunners:	BB Securities, BofA Merrill Lynch, Bradesco BBI, Citigroup
Coupon:	10¾%
Price:	98.506
Yield:	11%
Call features:	Callable from Feb. 12, 2018
Trade date:	Feb. 7
Settlement date:	Feb. 12
Ratings:	Standard & Poor's: B
	Fitch: B
Distribution:	Rule 144A and Regulation S

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