Avianca appoints new CEO in Brazil

People Debt Corporate & Sovereign Strategy

Airline names Jorge Vianna to top job as it arranges financing to emerge from bankruptcy

Darby lends to Biopas

Funds M&A Equity

US private equity firm provides debt for the Panama-based pharmaceutical distribution company

IBD Invest lends to Cabify

Loans Argentina Brazil

Multilateral lender provides $70m for Spanish ride-sharing app to expand in Latin America

Colombia reworks O&G contracts

Economy & Policy Energy Regulation

National hydrocarbons agency approves model to award its first blocks in four years

SPEC borrows to pay off debt

Loans Debt Project & Infrastructure Finance

Colombian natural gas company gets an eight-year loan for $103m to refinance a terminal in Cartagena, sources say

LifeMiles increases term loan

Loans Colombia

Avianca's frequent flyer program adds $100m to a facility signed in August 2017

Banco W drafts local debt sale

Bonds Debt Capital Markets

Colombian microlender plans to raise $50m from the sale of one- and three-year notes

Copa stays out of bond market

Debt Corporate & Sovereign Strategy Loans

Airline intends to pay off its loans on time, rather than refinance them

Colombia funds infrastructure program

Funds Project & Infrastructure Finance Economy & Policy

Finance ministry and Findeter outline $428m in investments in water and energy projects, among others

Colombia extends Drummond mining contract


National mining agency permits US coal miner to operate La Loma for another 20 years

Colombia braces for more bankruptcies

Debt Corporate & Sovereign Strategy Energy

Importers and exporters could join power companies in a coming wave of restructurings

Termocandelaria prices new notes

Bonds Capital Markets Debt

Colombian thermoelectric power company nets almost $1bn in orders for $410m in 10-year bonds

Liberty drops Millicom bid

M&A Telecoms Guatemala

US-based telecom calls off talks just a week after making an offer

Colombia fields heavy orders in bond return

Bonds Debt Capital Markets

Orders approach $12bn on the third sovereign offering this year

EPM closes in on ISA sale

M&A Electricity Energy

Medellín utility company is set to announce a deal "imminently," source says