Brazilian low-cost airline Gol Linhas Aereas Inteligentes (GOL) has secured its debtor-in-possession (DIP) financing, which included a senior secured DIP facility worth up to $1bn.
GOL partnered with GLAS Americas for the DIP financing, which acted as note trustee, registrar, transfer agent, and paying agent.
GOL filed for Chapter 11 bankruptcy protection in January 2024.
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