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Castlelake to Provide USD600m in Financing to Brazil’s Gol

24 January 2022

Castlelake agreed to provide up to USD600m in financing to Brazilian airline Gol Linhas Aereas Inteligentes for the purchase of Boeing 737 Max 8 aircraft.

(Nasdaq) SAO PAULO, Jan 24 (Reuters) – Brazilian airline Gol GOLL4.SA said on Monday it has signed a deal with U.S. private equity firm Castlelake LP to get up to $600 million in financing to purchase new Boeing 737 Max 8 BA.N aircraft.

Gol Linhas Aereas Inteligentes SA, as the company is formally known, said in a securities filing the deal includes 10 finance leases and two sale-leasebacks. The new aircraft are expected to be delivered from this month, it added.

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