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Gol prices second Ex-Im bond

15 January 2010

Brazilian airline, Gol, has priced its second Ex-Im bond for three Boeing Next Generation aircraft. Citi led the transaction.

Read more: Gol Ex-Im Citi

Gol priced its second US Export-Import Bank guaranteed bond this week. The bond raised $88.5 million for the Brazilian airline’s acquisition of three 737-800s in December 2009. The bond priced at mid-swaps plus 45 basis points. This is the lowest pricing achieved for an Ex-Im guaranteed bond for an airline. Citi is sole bookrunner and structuring agent....


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