GOL Raises $313.3M In Bond Sale

GOL Linhas Aereas Inteligentes has raised $313.3 million in a sale of non-convertible bonds, The Wall Street Journal reports. The Brazilian airline group’s bonds will yield 120% of the local interbank rate and are due to mature in 2017.

Banco Bradesco BBI was the lead manager for the bond sale. BB Banco de Investimentos, and SLW Corretora de Valores e Cambio also participated in the deal.

Click here for the story from The Wall Street Journal.