financetom
Business
financetom
/
Business
/
Brazil's Gol signs deal to convert $950 million in Abra debt into Gol shares
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved