BOGOTÁ, Colombia--(BUSINESS WIRE)--Following an extensive roadshow led by Citigroup and JPMorgan, which included cities such as Bogota, London, Boston, New York, Los Angeles, Lima and Santiago, Avianca Holdings successfully priced its inaugural 7 year international bond. This offering received orders from investors in excess of USD 2.3 billion dollars.
More than 180 institutional investors participated in the transaction supporting the Company’s medium and long term business plan.
“Our entry into the international capital markets is a key milestone in the completion of the strategic objectives we have laid out for the Company. This is one more step in our path to become the leading Latin American air services provider preferred by our customers worldwide. The results of this transaction reaffirm the market confidence in our business plan.” Fabio Villegas, Avianca Holdings CEO.
About Avianca Holdings S.A. Avianca Holdings S.A (BVC:PFAVTA) is an investment firm that serves as an instrument for the execution of the shareholders agreement which resulted in the integration process known as AviancaTaca and acts as the controlling company for the integrated operation of various airlines that operate both domestically and internationally: Aerovías del Continente Americano S.A. Avianca (Avianca), Tampa Cargo S.A. incorporated in Colombia, Aerolíneas Galápagos S.A. Aerogal incorporated in Ecuador, and the companies that make up the TACA Group: TACA Internacional Airlines S.A, incorporated in El Salvador; Líneas Aéreas Costarricenses S.A, LACSA, incorporated in Costa Rica, Transmerican Airlines S.A. TACA Peru incorporated in Peru, Servicios Aéreos Nacionales S.A., SANSA incorporated in Costa Rica, Aerotaxis La Costeña S.A, incorporated in Nicaragua and Isleña de Inversiones C.A. de C.V. ISLEÑA incorporated in Honduras.