Azul Announces the Results of its Mandatory Repurchase Offer to Purchase up to U.S.$55,900,850 in Aggregate Principal Amount of its Outstanding 11.500% Senior Secured Second Out Notes due 2029

SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Azul S.A. (B3: AZUL4, NYSE: AZUL) ("Azul") today announced the results of the offer to purchase for cash (the "Offer") up to US$55,900,850 in aggregate principal amount (the "Maximum Repurchase Amount") of the outstanding 11.500% Senior Secured Second Out Notes due 2029 issued by Azul Secured Finance LLP (the "Issuer") (the "Notes"), plus accrued and unpaid interest thereon. The Offer was made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase and Notice of Mandatory Repurchase Offer, dated July 20, 2023 (the "Offer to Purchase"). Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Offer to Purchase.