Airline

GOL bankruptcy exit plan includes $1.5bn capital injection to pay off DIP loan

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GOL bankruptcy exit plan includes $1.5bn capital injection to pay off DIP loan

Brazilian airline GOL Linhas Aereas Inteligentes plans to raise $1.5bn in equity to pay off its debtor-in-possession (DIP) financing and refinancing of $2bn of its senior secured debt, it said in its exit financing scenario filing, published on May 27, 2024. The capital injection will see $1.3bn use...

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