Avianca Files US Sale

Avianca Files US Sale

Colombia Equity

Already sounding out investors, Avianca has filed for an equity sale marking the debut of the ADS representing the preferred shares of the Avianca Holdings entity. The airline is seeking to capitalize on momentum generated by the market reaction to Wednesday’s US Fed announcement and the strong secondary market performance of Mexico’s Volaris after its IPO last week. The exact size and timing remain to be set. The Panama-domiciled Colombia-listed holdco is raising funds to modernize the Avianca-

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