Avianca Secures $50M Loan from Shareholder Kingsland Holdings

Credit: Kurt Hofmann
Colombia’s Avianca Holdings has secured a short-term loan of $50 million from its shareholder Kingsland Holdings, which will bring in needed working capital while the company executes its debt reprofiling. Kingsland Holdings is an Avianca Holdings second-largest stakeholder. Avianca said the...

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