SAO PAULO, May 27 (Reuters) - Brazilian airline Gol on Monday unveiled a strategic plan that includes a $1.5 billion capital injection through the issuance of new shares and the refinancing of $2 billion in debt as a way for it to exit Chapter 11 bankruptcy.

Gol said in a securities filing that it would hold a "competitive process" starting in June to evaluate proposals to finance its bankruptcy exit, which should last at least until the end of the third quarter. (Reporting by Gabriel Araujo; editing by Luana Maria Benedito, Kirsten Donovan)