GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has finalised the USD1.9 billion financing package necessary to exit Chapter 11 restructuring, with new investors providing more funds than the carrier previously anticipated.

According to the airline’s stock market disclosure dated May 16, the package will comprise USD570 million from new investors. GOL previously planned to obtain USD495.5 million from new investors but decided to adjust the structure of the financing after attracting USD796.5 million in tentative commitments….

Source: ch aviation
Read more: Brazil's GOL secures .9bn funding to exit Chapter 11