07.08.2015 18:51:00
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Gol LuxCo S.A. -- Moody's assigns Ba3 rating to Gol's new $300 million term loan guaranteed by Delta Air Lines
New York, August 07, 2015 -- Moody's Investors Service (Moody's) assigned a Ba3 rating to the $300 million, 5-year senior unsecured term loan that Gol LuxCo S.A.(Gol LuxCo) plans to arrange. Incorporated in Luxemburg, Gol LuxCo is a wholly-owned subsidiary of Gol Linhas Aereas Inteligentes S.A. (Gol). Moody's Corporate Family rating for Gol remains unchanged at B3 and the outlook is positive. Delta Air Lines, Inc. (Delta, Ba2 positive) will irrevocably and unconditionally guarantee the borrower's and primary guarantor's payment obligations of the new term loan.