Avianca nears decision on bond refi

Avianca nears decision on bond refi

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Colombia

Avianca Holdings plans to decide in the next few days how to rollover $550m in bonds that mature next year with a view to completing a deal in the third quarter this year, CFO Roberto Held told LatinFinance. The Colombian airline said late last year that it had hired three banks to refinance the 2020 notes, but it did not say who they were. During a conference call last month to discuss Avianca's first quarter results, Held said the airline had "established a schedule to tap the market before

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