September 24, 2021 |
Brazilian airline Gol added $150 million to its 8% 2026 bonds on Thursday, increasing the size of the deal to fill out a rush of orders that reached $450 million, sources involved in the deal told LatinFinance.
"They said $100 million initially but demand is high for the issue," said an investor in São Paulo.
Gol priced the tapped at 100.75 to yield 7.728% after opening the deal in the 100.25 area, a second source said.
"What helped a lot was knowing that once the transaction was secured, it had
Brazilian airline adds $150 mln just above par as orders reach $450 mln