Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for GOL Linhas Aereas Inteligentes SA > News item |
Brazil's Gol Linhas Aereas Intelligentes talks $250 million perpetual at 8¾% area
By Paul A. Harris
St. Louis, March 27 - Brazilian regional air carrier Gol Linhas Aereas Intelligentes has given guidance on its $250 million offering of perpetual notes (Ba2) of the 8¾% area, according to an informed source.
The offering is expected to price during the middle part of the present week.
Morgan Stanley and JP Morgan are bookrunners for the Rule 144A and Regulation S offering.
The notes will become callable after five years at par in whole or in part with a minimum $150 million remaining after a partial call.
Proceeds will be used to finance the acquisition of aircraft, equipment and supply materials.
The notes will initially be issued via Gol Finance. Gol and its subsidiary, Gol Transportes Aereos SA, will guarantee the notes.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.