Gol Should Exit Chapter 11 in April 2025, CEO Ferrer Says
1 day ago · Bloomberg News. Chapter 11 process has been “positive” for Gol Linhas Aereas Inteligentes SA ’s history and exit from the process should be successful, according to CEO …
Gol aims to complete Chapter 11 restructuring by end April
1 day ago · Save article. Restructuring Brazilian carrier Gol is hoping to exit Chapter 11 bankruptcy protection by the end of April as it today reported progress in restoring capacity …
GOL & Abra Group Reach Agreement To Clear $2.55 Billion In …
Nov 7, 2024 · GOL Linhas Aéreas Inteligentes (GOL) has announced that it reached an agreement with Abra Group, its parent company, which will convert up to $2.5 billion of debt …
GOL and Abra Enter Plan Support Agreement Including …
Nov 6, 2024 · Of the Abra take-back debt, US$ 250 million is mandatorily convertible into new equity on or after the 30-month anniversary of GOL's emergence from Chapter 11 based on …
Brazil's Gol signs deal with Abra for credit to exit Chapter 11
Nov 6, 2024 · Under the agreement, Gol said it plans to raise up to $1.85 billion in new capital in the form of a Chapter 11 exit credit line to pay off debtor-in-possession obligations and provide...
Gol reaches debt-equity deal with Abra Group for Chapter 11 exit …
Nov 7, 2024 · Brazil’s Gol and its majority investor, Abra Group, have reached agreement on a debt-for-equity deal to support the carrier’s exit from Chapter 11 bankruptcy protection.
GOL and Abra Enter Plan Support Agreement Including
Nov 6, 2024 · GOL expects to file its Chapter 11 plan of reorganization with the U.S. Bankruptcy Court before the end of 2024 and currently expects to exit by late April 2025.
Brazil's Gol airline says bankruptcy exit to involve $1.5 billion ...
May 27, 2024 · Brazilian airline Gol expects its exit of Chapter 11 bankruptcy proceedings to involve a $1.5 billion capital injection through the issuance of new shares and refinancing of $2 …
Heavily indebted Brazilian airline Gol files for bankruptcy in US
Jan 26, 2024 · Brazilian airline Gol on Thursday said it is filing for Chapter 11 bankruptcy protection in the United States, the latest in a series of debt restructurings for a carrier hit by a …
Airline Gol Linhas Preparing to Raise Chapter 11 Exit Financing
Oct 22, 2024 · Gol Linhas Aereas Inteligentes SA said it’s close to resolving major issues in its bankruptcy with key creditors and, in the coming months, intends to raise exit capital to fuel …