Azul SA Launches $1.375 Billion International Note Offering

Reuters
2026.02.03 11:29
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Azul S.A. has launched a $1.375 billion international note offering with a 9.875% interest rate, maturing in 2031. The notes are available to qualified institutional investors under Rule 144A in the U.S. and Regulation S elsewhere, excluding Brazil and the U.S. The issuance is secured by collateral including receivables from Azul Fidelidade and Azul Viagens, credit card receivables, and intercompany loans, guaranteed by Azul Linhas Aéreas Brasileiras S.A. and affiliates, governed by New York law.