Americas

Avianca exchanges $475 million in bonds amid financial problems

  • Share this:
Avianca exchanges $475 million in bonds amid financial problems

Avianca Holdings will exchange $475.2 million in bonds as part of a plan to change its financial fortunes. Avianca Holdings has said that 86.4% of the outstanding principal of its $550 million bonds due May 2020 have been validly tendered. In a statement to Colombia’s financial regulator, Av...

Page content restricted for non-members!

Become a member!