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Fitch Ratings has downgraded Colombia's Long-Term Foreign Currency Issuer Default Rating (IDR) to 'BBB-' from 'BBB'. The Rating Outlook remains Negative.

Despite travel fears, ColCapital's Private Equity Congress of The Pacific Alliance was at capacity attendance last week, taking place in Bogotá's Club El Nogal.

Junior mining company Para Resources Inc. (TSXV: PBR,WKN: A14YF1,OTC: PRSRF) announced last week that going forward it will focus on the company’s Colombian assets and other opportunities in South America. As such, the company announced that Mr. Javier Cordova (above) has been...

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new...