Restructuring Brazilian carrier Gol is hoping to exit Chapter 11 bankruptcy protection by the end of April as it today ...
GOL Linhas Areas Inteligentes (GOL) has announced that it reached an agreement with Abra Group, its parent company, which ...
SAO PAULO (Reuters) -Brazilian airline Gol said on Wednesday it has signed a deal with shareholder Abra to reinforce its ...
Brazil's Gol and Abra group, the airline's majority investor, have reached an agreement that will eliminate up to $2.55 billion in debt from the carrier's books.
Gol Linhas Aereas Inteligentes SA has struck a sweeping restructuring deal that will see its top lender, Abra Group Ltd., ...
GOL's parent Abra Group has agreed to convert $950 million of its secured debt in the Brazilian carrier to equity as it moves ...
GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), one of the leading airlines in Brazil, and Abra Group Limited ("Abra"), GOL's largest secured creditor and the majority investor of GOL and Avianca ...
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Abra is the main investor in airlines Gol and Avianca. The agreement is related to Gol's Chapter 11 request, filed in January. According to the filing, Gol will present a restructuring plan that ...
Pursuant to the PSA, GOL will file a Chapter 11 plan of reorganization that will allow it to effectuate a significant deleveraging by converting into equity, or otherwise extinguishing ...