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GOL Announces Material Fact - Deadline to participate in GOL's Exchange Offers is Friday, July 1

2016-06-27 17:52 ET - News Release

SAO PAULO, June 27, 2016 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CC, Fitch: C and Moody's: Caa3), the largest low-cost and best-fare airline in Latin America reminds unsecured noteholders that the extended deadline to participate in its private Exchange Offers, is Friday, July 1, 2016, at 5:00 p.m.New York City time (6:00 p.m.Brasilia time).

Together with the significant efforts from all of the Company's commercial partners and creditors, the voluntary Exchange Offers are intended to ensure that GOL emerges from the current political and economic crisis in Brazil in the best competitive position. On June 20, 2016 GOL amended the terms of its voluntary Exchange Offers and removed the minimum participation condition.  The amended terms are the best and final conditions the company will offer, and represent substantial premiums over both the current market value as well as the market value of the Old Notes on May 3, when GOL launched the Exchange Offers. 

GOL recommends that noteholders wishing to exchange their Old Note send instructions to their dealers by this Wednesday, June 29, 2016, in order to provide the custodian sufficient time to accept the Offer.

For more information and to participate in the private exchange offer, eligible noteholders can visit the following website: www.dfking.com/gol

For further information visit www.voegol.com.br/ir

CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: ri@voegol.com.br

CORPORATE COMMUNICATIONS
Phone: +55 (11) 2128-4183
E-mail: comcorp@voegol.com.br

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gol-announces-material-fact---deadline-to-participate-in-gols-exchange-offers-is-friday-july-1-300290862.html

SOURCE GOL Linhas Aereas Inteligentes S.A.

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