Brazil’s Gol postpones deadline for proposed $1.9 billion financing

 

SAO PAULO (Reuters) – Brazilian airline Gol has postponed the deadline for investors to analyze proposals for a $1.9 billion financing, it said in a statement on Tuesday citing the volatility created by tariffs imposed by U.S. President Donald Trump.

The deadline for the so-called “exit financing” from the firm’s judicial reorganization process was postponed from April 19 to May 15, the statement said.

(Reporting by Alberto Alerigi Jr.; Writing by Isabel Teles; Editing by Kirsten Donovan)

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