Brazilian Gol clashes with bondholders on restructuring plan

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Brazilian Gol clashes with bondholders on restructuring plan

Gol, Brazil, restructuring

Gol Linhas Aéreas Inteligentes, the Brazilian low cost airline, insisted on Friday that its proposal to bondholders is “good and fair”, despite a committee owning 25% of its senior bonds claiming that the company had rejected “repeated requests” to engage in discussions with bondholders.

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