Finance Colombia

Invitation: Deepwater & Unconventional Oil Exploration & Production in Colombia Forum

Deepwater and unconventional E&P activities in Colombia are experimenting a significant boost, creating great business opportunities for international companies. Monday, May 4th, 2015, 8:00 am – 12:00 pm OTC – NRG Arena – Houston, TX 77054 While Colombia is...

Posted On March 24, 2015

, By Loren Moss

Fitch Revises Rating Outlook on Grupo Sura to Positive; Affirms IDR at ‘BBB-‘

Fitch Ratings has revised the Rating Outlook for Grupo de Inversiones Suramericana’s (GRUPO SURA) long-term foreign and local currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the IDRs at ‘BBB-‘. Fitch has also affirmed outstanding debt...

Posted On March 24, 2015

, By Loren Moss

Avianca, Subsidiaries, Carried Over 2 Million Passengers in February, 2015

In February, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) transported 2,049,954 passengers, up 7.4% compared to February of 2014. Capacity, measured in ASKs (available seat kilometers), increased 6.8%, while passenger traffic, measured in RPKs...

Posted On March 24, 2015

, By Loren Moss

President Santos Lauds $1 Billion Dollar (US) Bond Placement, Global Investor Confidence in Colombian Economy

The President of Colombia, Juan Manuel Santos, said today that Colombia successfully placed a new $1 billion (USD) bond issue on the global debt market yesterday, demonstrating the world’s confidence in the soundness of the Colombian economy. “We placed a billion...

Posted On March 24, 2015

, By Loren Moss

Bladex Reports 4Q 2014 Income At $36.1 Million (USD), 51% Growth over 2013

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, “Bladex”), the Panama-based supranational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade finance and economic integration in the Region, announced...

Posted On March 24, 2015

, By Loren Moss