16-05-2025
Brazil's Gol secures $ 1.9 billion in exit financing with 5-year term
SAO PAULO, May 16 (Reuters) - Brazil's airline Gol secured binding commitments for exit financing with a 5-year term totaling $1.90 billion, in context of chapter 11, it said in a filing on Friday.
Additional demand from investors for financing has allowed the interest rate on the exit loan to be reduced to 14.375% from 14.625%, the airline added.
