by Amruth Sundarkumar | May 12, 2022 | Distressed / Defaulted Bonds, High Yield Bonds
Brazil’s Gol and Colombia’s Avianca said that they struck a deal to combine into a single holding company called Abra Group, as part of consolidation efforts. Abra Group will be jointly controlled by Avianca and Gol’s main shareholders. However, both...
by bondevalue | Apr 15, 2021 | High Yield Bonds
Colombian carrier Avianca Holdings SA seeks to raise $1.8bn to repay debt and provide new financing in a move to exit from bankruptcy reorganization that the company was forced into as a result of the pandemic’s travel collapse. Seabury Securities LLC has been...