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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