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Avianca closes on $250 million loan from United Airlines and Kingsland Holdings

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Avianca closes on $250 million loan from United Airlines and Kingsland Holdings

United Airlines and Kingsland Holdings have finalised documentation of the stakeholder loan of up to $250 million for Avianca in a bid to stabilise the struggling airline. On November 1, Avianca already met one of the conditions precedent required with the closing of the exchange offer of its $...

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