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Published on 1/30/2018 in the Prospect News Emerging Markets Daily.

GOL Linhas launches $150 million tap of 2025 notes to yield 7%

By Rebecca Melvin

New York, Jan. 30 – Gol Finance, a subsidiary of GOL Linhas Aereas Inteligentes SA, launched a $150 million add-on to its existing notes due 2025 to yield 7%, according to a market source.

Pricing was tightened from guidance at 7 1/8%, which was revised from 7¼%.

GOL Linhas priced the initial $500 million of 7% notes on Dec. 6.

The airline is based in Sao Paulo.


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