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GOL Airlines
Why buy this bond?
One of the fastest growing airlines in the world.
Attractive income with regular semi-annual income payment
The company has a 77% share in domestic transport and a 38% market share.
The airline with the strongest balance sheet on the Latin American continent
Ask without obligation
Goal Linhas Aereas Inteligentes
The airline with the strongest balance sheet on the Latin American continent
It benefits from strong domestic demand from a population of 220 million (6th largest in the world), making it one of the fastest growing airlines in the world. The company has a 77% share in domestic transport and a 38% market share. Airlines benefit from synergies through mergers, most recent merger was SMILES SA (March 2021) - net positive impact was USD 80m pa
Gol Linhas Aereas Inteligentes is the largest domestic airline . During 2020, it transported over 36 million passengers and made 750 flights a day to more than 100 destinations. The company owns 289 aircraft, plus another 170 are on order. For the fifth year in a row, she was awarded the airlena Top-of-Mind award in Brazil
Complete information
Issuer
Gol Linhas Aereas Intelligentes SA
The name of the issue
Goal Linhas Aereas Intelligentes
7% 31 Jan 2025
Currency
US dollar $
Emission volume
650,000,000 USD
The face value of the bond
$1000
Indicative market price
$696 USD
Discount
304 USD
Coupon from face value
7% p.a
Coupon payout frequency
Due date
semi-annual salary
31/1/2025
100% liquidity
Yes
Minimum volume
$200,000
Yield to Maturity
24.55% pa - before taking into account all costs
Preferred scenario
17.71% pa - before taking into account all costs
Rating
CCC+
Hierarchy of debt
Senior uninsured
You can find the prospectus for the bonds here:
7.000% Senior Notes Due 2025 - Prospectus
Management and outlook
