Azul SA Launches Senior Secured Notes Offering to Support Chapter 11 Restructuring
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Azul SA has launched a private offering of Senior Secured Notes due 2031 through its subsidiary, Azul Secured Finance LLP. The proceeds will support the company's Chapter 11 restructuring plan and provide exit financing. The notes will be guaranteed by Azul and its subsidiaries, secured by first-priority liens on various assets. Proceeds will repay the DIP facility and fund general corporate purposes. The offering is subject to market conditions and may not be completed.
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