Brazilian airline closes lacklustre exchange offer to ease debt
Brazilian airline Gol Linhas Aereas Inteligentes has restructured US$175 million worth of debt through a landmark exchange offer that uses the airline’s spare parts as collateral, but which nevertheless reduces the carrier’s debt burden by a less-than-hoped-for US$101 million.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.