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Azul Extends Exchange Offers Deadline to January 21, 2025
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Azul Extends Exchange Offers Deadline to January 21, 2025

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The latest update is out from Azul SA ( (AZUL) ).

On January 16, 2025, Azul S.A. announced an extension of its exchange offers deadline for outstanding notes, originally set for January 15, 2025, to January 21, 2025. This extension follows a material fact published by the company, allowing eligible holders who have not yet tendered their notes to participate. As of the original deadline, high percentages of the existing notes had been tendered, meeting certain conditions for the exchange offers. However, Azul cautions that there is no assurance that all conditions will be satisfied or that the exchange offers will be completed, and commits to keeping stakeholders updated.

More about Azul SA

Azul S.A., the largest airline in Brazil by number of flight departures and cities served, offers 1,000 daily flights to over 160 destinations. With a fleet of over 180 aircraft and a workforce of more than 15,000 crewmembers, Azul operates a network of 300 non-stop routes. The company has received accolades for its on-time performance and was named the best airline in the world by TripAdvisor in 2020.

YTD Price Performance: 22.73%

Average Trading Volume: 1,428,163

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $240.7M

See more insights into AZUL stock on TipRanks’ Stock Analysis page.

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