Americas

Avianca Holdings offered $250 million financing loan

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Avianca Holdings offered $250 million financing loan

Avianca Holdings has reached an agreement with United Airlines and Kingsland Holdings in regards to a $250 million financing loan. United and Kingsland have agreed to provide Avianca a four-year loan at an interest rate of 3%; interest will be paid-in-kind until maturity, granting Avianca greater...

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