Brazilian airline Gol Linhas Aereas (GOL) has extended the deadline for a bond swap again, this time to June 15. The terms of the exchange remain the same. GOL has tendered $134.9 million worth of debt in the proposed restructuring deal, where creditors’ losses will reach 70 percent.
GOL extends bond swap deadline
Brazilian airline Gol Linhas Aereas (GOL) has extended the deadline for a bond swap again, this time to June 15. The terms of the exchange remain the same. GOL has tendered $134.9 million worth of debt in the proposed restructuring deal, where creditors’ losses will reach 70 percent.