GOL Linhas Aéreas Inteligentes (GOL) has announced a plan to exchange outstanding bonds for new debt. The terms of the bond exchange, set out below, requires investors in Gol's perpetual bond to assume a 70 percent loss, while those holding notes due in 2020, 2022 and 2023 would take a haircut of 6...
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By
Lucy Lo
18th April 2024