GOL announces notice to the market
SAO PAULO, Sept. 23, 2015 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. "Gol" or "Company" (BM&FBOVESPA: GOLL4 andNYSE: GOL), (S&P: B-, Fitch: B-, Moody's: B3), pursuant to Article 157, paragraph 4 of Law 6404 of December 15, 1976, as amended, and Instruction 358 of the Brazilian Securities and Exchange Commission ("CVM") of January 3, 2002, as amended, hereby informs its shareholders and the market in general that, on this date, was approved by the Company's Board of Directors a granting of a personal guarantee represented by a surety, in favor of the Debenture holders, to guarantee all of the obligations assumed by its subsidiary VRG Linhas Aereas S.A. ("VRG"), within the scope of its sixth issue of non-convertible, unsecured debentures, with a personal guarantee, in a single series, with restricted placement efforts ("Debentures"), to be held by VRG.
Will be issued one hundred and five thousand (105,000) Debentures, at a nominal unit value of ten thousand reais (R$10,000.00), totaling, on the Issue Date (as defined below), one billion and fifty million reais (R$1,050,000,000.00). The Debentures will be publicly offered with restricted placement efforts, pursuant to CVM Instruction 476 of January 16, 2009, as amended ("CVM Instruction 476" and "Restricted Offering", respectively).
For all legal purposes, the date of issue of the Debentures will be September 29, 2015 ("Issue Date"). The Debentures will be issued in a single series and (i) they will be valid for four (4) years as of the Issue Date; (ii) their nominal unit value will not be restated and (iii) they will yield interest corresponding to 132% of the accumulated variation of the average daily one-day, over extra grupo, Interbank Deposit Rate (DI), expressed as an annual percentage based on a year of two hundred and fifty-two (252) business days, calculated and disclosed by CETIP S.A. - Organized Markets, in its daily bulletin ("DI Rate").
The Debentures will be amortized annually, in four (4) installments, the first of which on September 29, 2016, as follows: 1) September 29, 2016, R$100,000,000; 2) September 29, 2017, R$150,000,000; 3) September 29, 2018, R$400,000,000 and 4) September 29, 2019, the balance of the nominal unit value of the Debentures.
The proceeds from the Issue will be allocated to the restructuring of VRG's financial liabilities exclusively through the full early redemption of VRG's 4th and 5th debenture issues.
The Restricted Offering will be automatically exempt from registration with the CVM, pursuant to Article 6 of CVM Instruction 476.
This Notice to the Market is for information purposes only and shall not be interpreted or construed, for all legal purposes, as material to sell or promote the Debentures.
For further information visit www.voegol.com.br/ir
CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: [email protected]
CORPORATE COMMUNICATIONS
Phone: +55 (11) 2128-4183
E-mail: [email protected]
SOURCE GOL Linhas Aéreas Inteligentes S.A.
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