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Embraer launches notes exchange offer, consent solicitation

Brazilian airframer Embraer SA (NYSE: ERJ) (BM&FBOVESPA: EMBR3) said that on August 28 2013 it commenced an offer to exchange the outstanding 6.375% notes due 2017 and 6.375% notes due 2020 issued by Embraer Overseas Ltd and guaranteed by Embraer held by Eligible Holders for newly issued US dollar-denominated senior notes due 2023.

Embraer said that the new notes were issued by the Issuer and guaranteed by Embraer and the solicitation of consents to proposed amendments to the indentures governing the old notes.

The exchange offer and consent solicitation is being conducted by Embraer upon the terms and subject to the conditions set forth in a confidential offering memorandum dated August 28, 2013 and related letter of transmittal.

It will expire at 11: 59 pm ET on September 25, unless extended.

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