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By

//Loren Moss
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Fitch: Colombian Merger & Acquisition Market Expected To Stay Hot

Fitch Ratings announced this week that the US based ratings firm expects that favorable financing conditions and projected GDP growth of 3.5% for 2015 bode well for mergers and acquisitions (M&A) activity in the Colombian corporate sector. ‘Colombia has become a vibrant...
Posted On February 8, 2015
, By Loren Moss
1

Business Travel Survey Cites Avianca As Best Airline in South America

Readers of Business Travel Magazine had the opportunity to vote for their favorite products and services, in line with their most efficient, productive and enjoyable travel experiences. The business travelers participating in Best in Business Travel Awards selected the best...
Posted On February 8, 2015
, By Loren Moss
1

US Based Travelers Partners With Brazilian J Malucelli To Take Control Of Cardinal Compañía de Seguros

Bogota Based Cardinal Compañia de Seguros has concluded negotiations leading to The Travelers Companies of The United States partnering with Brasil based J Malucelli to  acquire a majority stake in the upstart surety provider. The company will remain in Bogotá but be rebranded as...
Posted On February 8, 2015
, By Loren Moss
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Brazilian Reinsurer Terra Brasis Enters Colombian Market

Superfinanciera, the Colombian regulator of insurance activities, has given Brazilian Reinsurance provider Terra Brasis Re authorization to enter the Colombian insurance market as a foreign reinsurer, as registered in Colombia’s REACOEX, or Registry of Foreign Reinsurers and...
Posted On February 8, 2015
, By Loren Moss
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Latin American Fixed Income Investors Forum To Host Central Bankers, Sovereign Reserve Fund Managers

Global meeting and events organizer Markets Group is gearing up for a one day pan regional meeting hosting leading fixed income investors from throughout Latin America, including pension funds, sovereign reserves, and central bankers. The event is designed to demystify the...
Posted On February 6, 2015
, By Loren Moss
Kevin Whitaker, U.S. Ambassador to Colombia with Ximena Agudelo
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US Ambassador Accepts Invitation By Farm Worker, Visits Rionegro Flower Farm

In January, Ximena Agudelo, a Colombian flower worker at the ‘Flores la Esmeralda’ farm near Medellin, sent a hand-written letter to Kevin Whitaker, the U.S. Ambassador to Colombia, thanking the United States for supporting her country’s flower industry. She...
Posted On February 6, 2015
, By Loren Moss
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Gran Colombia Gold Corp. Funds Upcoming Interest Payment On Unsecured Notes Currently In Default

Gran Colombia Gold, the Canadian based gold and silver mining concern, announced today that it sent US$1,058,062 to the trustee to fund monthly interest payments to be made on February 27, 2015 on its Senior Secured Gold-Linked Notes due 2017 and its Senior Unsecured...
Posted On February 5, 2015
, By Loren Moss
Canacol's Capella Oil Field
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Canacol Energy Ltd. Appoints Francisco Diaz to the Board of Directors

Canacol Energy Ltd.  (TSX:CNE; OTCQX:CNNEF;BVC:CNEC) announced last week, the appointment of Francisco Diaz to the board of directors with immediate effect. Mr. Diaz is currently a Managing Partner of Evolvere Capital, a Private Equity firm that manages variou...
Posted On February 4, 2015
, By Loren Moss
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Avianca Building Major Aviation “MRO” Aviation Maintenance Facility Outside Of Medellín

The Avianca Aeronautical Center is being built adjacent to the José María Córdova International Airport in Rionegro, Colombia, which is the international airport serving Medellín and the surrounding Antioquia department. This is in line with the size of its fleet, which currently...
Posted On February 3, 2015
, By Loren Moss
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Four Seasons Enters Bogotá Hotel Market With 2 Gilinski Group Properties

The Four Seasons Hotels and Resorts, along with regional conglomerate Gilinski Group, today announced new management plans for two hotels in Bogota. Following extensive updates and renovations, the historic Hotel Casa Medina Bogota will re-open as the Four Seasons Hotel Casa...
Posted On February 3, 2015
, By Loren Moss
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