Finance Colombia » 2020 » January

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Avianca Takes $125 Million In Additional Debt From Citadel, Latin American Investors

Avianca’s (NYSE: AVH; BVC: PFAVH) today announced the funding of previously announced convertible secured debt financing in a total amount of $125 million USD. This financing is incremental to the $250 million convertible secured stakeholder facility loan by United Airlines...

Posted OnJanuary 13, 2020

, ByLoren Moss

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Termocandelaria’s Proposed Bond Reopening Rated BB+ By Fitch

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019...

Posted OnJanuary 13, 2020

, ByLoren Moss

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Vernon Arseneau Named Executive Director & COO of Royal Road Minerals

Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of Vernon “Vern” Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the company’s board since its inception in 2010....

Posted OnJanuary 13, 2020

, ByLoren Moss

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Spirit Airlines Adds Flights Connecting Bucaramanga & Barranquilla To The US

Spirit Airlines (NYSE:SAVE) has announced the addition of two new destinations to its network in 2020, with service to Bucaramanga (BGA) and Barranquilla (BAQ) Colombia starting in April, subject to regulatory approval. Spirit flew its first flight to Colombia in May 2008,...

Posted OnJanuary 13, 2020

, ByLoren Moss

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Atico Mining Liquidates Debt To 1st Debenture Holders From Toachi Acquisition

Atico Mining Corporation (TSX.V: ATY, OTC: ATCMF) has announced that it has repaid in full, its outstanding $1,347,875 CDN first tranche of the debenture facility payable to first debenture group holders. The debenture facility was assumed by the company as a result of the Toachi...

Posted OnJanuary 13, 2020

, ByLoren Moss

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Álvaro Guillermo Rendón López Is Installed as New Head of EPM

Medellín’s new mayor Daniel Quintero appointed attorney Álvaro Guillermo Rendón López as the new general manager of Colombia’s largest utility company Empresas Públicas de Medellín, or EPM. Rendón was installed on January 2, replacing outgoing engineer Jorgé Londoño De La Cuesta,...

Posted OnJanuary 13, 2020

, ByLoren Moss