Brazil's Gol signs deal to convert $950 million in Abra debt into Gol shares-April 2024-www.financetom.com

Brazil's Gol signs deal to convert $950 million in Abra debt into Gol shares

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Brazil's Gol signs deal to convert $950 million in Abra debt into Gol shares

Nov 9, 2024 11:17 AM

SAO PAULO (Reuters) - Brazilian airline Gol said on Wednesday in a securities filing that it has signed a deal with its shareholder Abra to reinforce its current restructuring plan.

According to the company, the deal includes the conversion of $950 million in Abra's secured debt into Gol shares.

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