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Furthermore, Ecopetrol presented in its defense a medical board’s findng that “the former worker has maladaptive personality traits that limit the therapeutic response, despite the multiple pharmacological schemes ordered by psychiatry and the supportive psychotherapy carried out...

The rating agency highlighted Ecopetrol's liquidity profile, supported by its cash generation, strong access to capital markets and adequate debt maturity profile.

Tecnoglass (NASDAQ: TGLS) has completed its delisting from Colombia's BVC stock exchange to focus on the US based NASDAQ, where over 99% of its trading volume already takes place.

In September 2020, Avianca and its subsidiaries transported a total of 164,859 air passengers including 5,342 passengers on repatriation flights, resulting in a monthly load factor of 66.7%.

Avianca Airlines announced this week that as part of its new management structure, current CFO Adrian Neuhauser will assume additional responsibilities relating to the airline’s operation and the company’s legal affairs as Corporate Executive Vice President, reporting to the CEO,...

Avianca says it has raised $2 billion of DIP financing, including new loans and refinancing of existing notes, despite the blockage of a $370 million USD bailout loan from the Colombian government.

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

Beyond the expected, some interesting names appear on the list of those with the most to lose should Avianca end up liquidated. The City of New York Group Trust?

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced today in a 6K filing with the United States Securities & Exchange Commission (SEC) that the New York Stock Exchange (NYSE) has suspended trading in the Company’s American Depositary Shares, each representing eight...

Avianca has asked for a bailout by the Colombian government. Colombians are pointing out that the airline is majority foreign owned, and legally Panamanian, not Colombian.