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//bvc:pfavh
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Moody’s Upgrades Lifemiles To B1 From B2

Ratings firm Moody's Investors Service (Moody's) has upgraded LifeMiles Ltd.'s senior secured and corporate family ratings to B1 from B2. The outlook has been revised to stable from negative.
Posted On February 8, 2020
, By Loren Moss
One of Avianca new 787s at Medellin's Airport
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Standard & Poor’s Upgrades Avianca Holdings To ‘B-‘ From ‘SD’ & LifeMiles To ‘B+’ From ‘B-‘ On Debt Restructuring Completion

S&P Global Ratings last week raised its issuer credit rating to ‘B-‘ from ‘SD’ and its issue-level rating on the 9% senior secured notes due 2023 to ‘B-‘ from ‘CCC-‘ and the 8.375% senior unsecured notes due 2020 to...
Posted On December 28, 2019
, By Loren Moss
(Photo credit: Avianca)
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Avianca Receives $250 Million USD Loan From United Airlines & Kingsland Holdings, Seeks To Raise Additional $125 Million Debt

On October 4, 2019, United Airlines, Inc. (NASDAQ: UAL) and Kingsland Holdings Limited delivered to Avianca Holdings S.A. (NYSE: AVH, BVC PFAVH) a commitment to provide Avianca at least a $250 million senior secured convertible loan, expected to close on or before October 15,...
Posted On October 10, 2019
, By Loren Moss
avianca colombia bogota
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Avianca Chairman Roberto Kriete’s Kingsland Holdings To Loan Avianca $50 Million USD For Working Capital

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stated today in an SEC filing that an affiliate of Kingsland Holdings Limited, controlled by Avianca chairman Roberto Kriete, has entered into a commitment to extend a short term secured loan of US$50 million to the Company, subject...
Posted On August 30, 2019
, By Loren Moss
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Avianca Offers To Swap Secured For Unsecured Debt

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) this morning announced in a 6-K filing with the United States Securities and Exchange Commission, in connection with its previously announced re-profiling plan for its capital structure, the commencement of an offer, outside of...
Posted On August 14, 2019
, By Loren Moss
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