Brazilian airline Gol considers share offering in 2018, sources say
Brazilian airline Gol Linhas Aéreas Inteligentes is considering a share offering in the early months of 2018, three sources with knowledge of the matter said Thursday. The airline will discuss details of a possible transaction in coming weeks, aiming to improve its capital structure after a successful sale of $500m in seven-year dollar bonds this week, the sources added, requesting anonymity because details of the plan have not been finalized. In October, Gol shares hit their highest levels in six years, as Brazil’s gradual economic recovery allowed the airline to boost ticket prices and cut debt faster than expected in the third quarter.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-12-08/unaligned/brazilian-airline-gol-considers-share-offering-in-2018-sources-say
https://portal.staralliance.com/cms/logo.png
Brazilian airline Gol considers share offering in 2018, sources say
Brazilian airline Gol Linhas Aéreas Inteligentes is considering a share offering in the early months of 2018, three sources with knowledge of the matter said Thursday. The airline will discuss details of a possible transaction in coming weeks, aiming to improve its capital structure after a successful sale of $500m in seven-year dollar bonds this week, the sources added, requesting anonymity because details of the plan have not been finalized. In October, Gol shares hit their highest levels in six years, as Brazil’s gradual economic recovery allowed the airline to boost ticket prices and cut debt faster than expected in the third quarter.<br/>