Gol Linhas Aéreas’s Tender Offer to purchase for cash up to US$50 million in aggregate principal amount of its outstanding 9.25% Senior Notes due 2020


Simpson Thacher represented Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as dealer managers, in connection with a cash tender offer by Gol Finance, a subsidiary of Gol Linhas Aéreas Inteligentes S.A. (“Gol”), the Brazilian airline, to purchase for cash up to US$50 million in aggregate principal amount of its outstanding 9.25% Senior Notes due 2020.

The tender offer expired on January 12, 2018. Approximately US$21.3 million in aggregate principal amount of notes was tendered.

Gol is one of the largest low-cost carriers in the world and the largest low-cost carrier in Latin America, providing frequent service on routes connecting all of Brazil’s major cities and from Brazil to major cities in South America and selected destinations in the Caribbean.

The Simpson Thacher team for the transaction included Grenfel S. Calheiros (Picture), Paulo F. Cardoso and Marcelo B. Lorenzen (Capital Markets).

Involved fees earner: Grenfel Calheiros – Simpson Thacher & Bartlett; Paulo Fernando de Menezes Cardoso – Simpson Thacher & Bartlett; Marcelo Lorenzen – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Merrill Lynch, Pierce, Fenner & Smith Incorporated; Credit Suisse Securities Limited;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti.