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Ecopetrol President Felipe Bayón
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Arrest Order issued For Ecopetrol President Felipe Bayón

The president of Colombia’s largest company, oil giant Ecopetrol (NYSE: EC)) is facing arrest after a judge in the capital of Colombia’s Nariño department issued a warrant for his detention.
Posted On December 8, 2020
, By Loren Moss
ecopetrol america warrior colombia gulf of mexico
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Fitch Affirms Ecopetrol At BBB- With Negative Outlook

The rating agency highlighted Ecopetrol's liquidity profile, supported by its cash generation, strong access to capital markets and adequate debt maturity profile.
Posted On December 2, 2020
, By Loren Moss
LATAM Fine colombia
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Latin American Corporate Defaults Expected To Rise, says Fitch

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.
Posted On June 29, 2020
, By Loren Moss
Avianca's Boeing 787 Plus taking off
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Avianca Claims NYSE Delisting Won’t Directly Affect Colombian Stock Market Investors

Avianca says are unaware of any implication or effect that the NYSE’s decision could have on a Colombian investor, since all the mechanisms for negotiation in respect the Company’s preferred shares in the Colombia Securities Exchange, or BVC (Bolsa de Valores de Colombia) remain...
Posted On June 3, 2020
, By Loren Moss
Avianca flights delayed and canceled at MDE
1

NYSE to Suspend Trading In & Delist Avianca Shares

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...
Posted On May 12, 2020
, By Loren Moss
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Colombia’s President Ivan Duque To Tap Ecopetrol For $1 Billion USD To Fund Promises, Quell Protests

At the instruction of the Colombian President Ivan Duque’s finance ministry, Colombia’s state-controlled petroleum company, Ecopetrol (NYSE: EC, BVC: ECOPETROL) has called for an extraordinary meeting of shareholders for December 16th at 7:30am in Bogotá’s Corferias...
Posted On December 2, 2019
, By Loren Moss
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Air Wars: Delta Snatches LATAM From American Airlines Partnership, Leaves AA Without Partners In Several Major Markets

Delta (NYSE: DAL) and LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM) last week announced that they have entered into a strategic partnership that seeks to reshape the air travel environment in The Americas. Chile based LATAM will sever its ties with longtime partner American...
Posted On September 30, 2019
, By Loren Moss
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass Appoints Carlos Alfredo Cure Cure as a New Director, Replacing Samuel R. Azout

Tecnoglass, Inc.(NASDAQ: TGLS) Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, this week announced the appointment of Carlos Alfredo Cure Cure to its board of...
Posted On September 18, 2019
, By Loren Moss
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South American Wayúu Indigenous Leader Says Petroleum Companies, Multinationals Can Live In Harmony With The Environment & Humanity—If They Follow Certain Principles

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land
Posted On September 8, 2019
, By Loren Moss
Juan N. Cento of Fedex
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Exclusive Interview: Juan Cento of Fedex Announces New Commitments To Colombia, Ecuador, Peru, Chile

Fedex (NYSE: FDX), previously known as Federal Express, has been present in Colombia for 25 years, but has not been seen as the dominant player that it is in other markets. Fedex would like to convince us that a change is coming. A delegation of top executives has been in...
Posted On August 16, 2019
, By Loren Moss
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