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Gol Airlines, a Brazilian low-cost carrier, files for Chapter 11 in the US, securing $950m DIP financing for restructuring.
Gol Linhas Aéreas Inteligentes S.A., a Brazilian low-cost airline, has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York.
The airline has secured $950 million in debtor-in-possession financing from a group of bondholders to help raise capital, restructure its finances, and strengthen its business operations for the long term while continuing to operate as normal.
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Gol Airlines, una aerolínea brasileña de bajo costo, se acoge al Capítulo 11 en los EE. UU., obteniendo un financiamiento DIP de 950 millones de dólares para su reestructuración.