Deal Team

Restructuring and Finance
Corporate
Tax

Abra Group in the Chapter 11 restructuring of its subsidiary GOL

On June 6, 2025, Brazilian airline GOL Linhas Aéreas Inteligentes consummated its plan of reorganization under Chapter 11 of the Bankruptcy Code restructuring its approximately $5 billion capital structure.  Pursuant to the plan, Abra Group Limited received approximately 80% of the equity interests in reorganized GOL, $600 million of Second Lien Notes due 2030 and $250 million of Exchangeable Second Lien Notes due 2030.  In addition, GOL issued approximately $2.1 billion of new money First Lien Notes due 2030 in connection with the plan.

Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Abra.

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